Natixis Real Estate Capital Lends $220M To TriStar Capital For Retail Asset In Seattle
FINANCED
$220,000,000
Washington
See Similar DealsRetail
Financed 08/22/2019
FINANCED
Natixis Real Estate Capital Lends $220M To TriStar Capital For Retail Asset In Seattle
400 9th Ave N, Seattle, WA, 98109
See Similar DealsRetail
Financed 08/22/2019
Summary
WASHINGTON
Asset Type:Retail
Transaction Type:Loan
The property asset involved in this transaction is a retail space located at 400 9th Ave N, Seattle, WA, 98109. The loan amount secured for this asset totals $220,000,000.00, and the market for this transaction is Seattle.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $220,000,000.00
- Borrower's Representative: Richard Horowitz - Cooper Horowitz
- Borrower: TriStar Capital
- Lender: Natixis Real Estate Capital
- Loan Date: 08/22/2019
Key individuals involved in this transaction include Richard Horowitz, representing the borrower, TriStar Capital, in securing the loan from Natixis Real Estate Capital. This transaction reflects the collaboration between these entities within the Seattle market.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$220,000,000.00
Monthly NOI$1,466,666.67
Monthly Debt Service$1,390,549.65
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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