Updated Oct 29, 2024
MSquared Acquires Multifamily Property In Lynnwood, WA For $54M
4301 Alderwood Mall Boulevard
$54,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 20, 2023
About this deal
AI
The multifamily property located at 4301 Alderwood Mall Boulevard in Lynnwood, WA was involved in a recent loan transaction. The loan amount for this transaction was $54,000,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $54,000,000
- Lender: Coastal Community Bank
- Landlord: MSquared - Alicia Glen
This loan transaction was facilitated by Coastal Community Bank. MSquared, represented by Alicia Glen, serves as the landlord for the property.
The multifamily loan at 4301 Alderwood Mall Boulevard in Lynnwood, Washington financed for $54M in 2023. 4301 Alderwood Mall Boulevard is classified as Multifamily on Traded. This page is the Lynnwood, Washington file for the 4301 Alderwood Mall Boulevard multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Lynnwood sit in the Market section below. Filter that Lynnwood multifamily set by closing date to see what else financed near 4301 Alderwood Mall Boulevard around 2023. Published consideration for 4301 Alderwood Mall Boulevard is $54M, dated 2023. Cite this MSquared Acquires Multifamily Property In Lynnwood, WA For $54M loan when underwriting similar multifamily product around Lynnwood, Washington.
Players
Lynnwood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.29%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93