Updated Oct 29, 2024
Kōz Development Secures $14M Loan For Senior Housing In Snohomish, WA
1925 Weaver Road, Snohomish, Washington 98290, USA
$14,000,000
Units
100
Asset Type
Other
Closing
May 23, 2023
About this deal
AI
An affiliate of Kōz Development, LLC has secured a loan of $14,000,000 from Greystone for the acquisition of a senior housing property located at 1925 Weaver Rd in Snohomish, WA. The property consists of 100 units and is situated in the local market.
Summary of transaction details
- Property Type: Senior Housing
- Transaction Amount: $14,000,000
- Address: 1925 Weaver Rd, Snohomish, WA
- Market: Snohomish, WA
- Units: 100
The loan was facilitated by Cushman & Wakefield's team of brokers consisting of Dave Karson, Chris Moyer, Paul Roeter, and John Spreitzer. They represented the affiliate of Kōz Development, LLC in this transaction.
On the Map
$14,000,000
Other
View full map
Players
Snohomish Other Market Snapshot
Boundary boundary · Other · Loan transactions
Loading comparables…
Deal FAQ
Visit Paul Roeter to view all their deals.
Browse Washington other loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93