Updated Oct 28, 2024
Ladder Capital Provides $17M Refinance Loan For Multifamily Property In Seattle
7339 43rd Ave S, Seattle, WA, USA
$17,000,000
$518/SF
Building Size
32,800 SF
Asset Type
MultiFamily
Closing
Nov 5, 2021
About this deal
AI
Daniel Kowalsky & Max Ralby collaborated on a loan transaction for a multifamily property located at 7339 43rd Ave in Seattle, Washington. The property spans approximately 32,800 square feet and consists of 85 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $17,000,000
- Lender: Ladder Capital
- Broker: Max Ralby - HKS Real Estate Advisors
- Loan Type: Refinance
Max Ralby, from HKS Real Estate Advisors, represented the parties involved in this loan transaction. The loan was successfully refinanced with Ladder Capital for the property, providing a significant financial solution.
Players
Seattle MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Visit Max Ralby to view all their deals.
Browse Washington multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93