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
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK 2019-BNK21 | 2019-10-23 | $137.5M | 100.0% | $8.2M | 6.0% | $91.0M | 66.2% | 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%.