Mesa Ridge Apartments

transaction_mesaridge_aptsLoan Amount: $9,000,000
Lender: CMBS
Loan to Value: 75%
Debt Coverage Ratio: 1.37X
Term: 5 years
Amortization: 30 years
Deal Points: Non-recourse, maximum loan amount requested, Yield Maintenance prepayment
penalty and cross collateralized with Brittnae Pines