Domain Tower

An office property in Austin, Texas. Securitized in 1 CMBS deal in 2019.

$137.5MAppraised value (latest deal)
100.0%Occupancy
$8.2MUnderwritten NOI
6.0%Implied cap rate
Address
10721 Domain Drive, Austin, TX 78758
Property type
Office · Suburban
Year built
2018
Size
309,883 SF
Sponsor
iStar Inc.
Loan purpose
Acquisition
Largest tenant
Indeed

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BANK 2019-BNK212019-10-23$137.5M100.0%$8.2M6.0%$91.0M66.2%424B

More CMBS properties in Texas →

Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.