The transaction is leveraged with $123,306,000 in loan debt, reflecting a 52.3% LTV. Loan and lender expenses total $4,796,864, alongside $3,275,644 in finance expenses.
Leverage profile
Loan amount$123.31M52.3% of offering · 52.3% LTV
Offering equity$112.65M47.7% of offering
Loan Amount
$123,306,000
Term
—
Interest Rate
—
Fixed / Variable
—
Prepayment Penalty
—
DSCR
—
Acquisition LTV
52.3%
Offering LTV
52.3%
Strengths
- Moderate 52.3% offering LTV.
Concerns
- Significant aggregate loan debt of $123,306,000.
- Financing expenses total $3,275,644 and loan/lender expenses total $4,796,864.