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44 Dean Street
FINANCED

Hyperion Holdings & Innovative Investment Corp Secure $5.5M Financing For Taunton Development Site

44 Dean Street

Development Site
clock iconFinanced 17 days ago
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Summary

Loan
MASSACHUSETTS
Development Site

The development site located at 44 Dean Street in Taunton, MA, known as Dean's Crossing, has secured a $5.5 million loan from Rockland Trust. The property features 22 units and is conveniently situated off Route 44, close to the upcoming South Coast Rail phase two Commuter Rail station.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $5,500,000
  • Lender: Brendan Mota - Rockland Trust
  • Landlord: Hyperion Holdings, LLC & Innovative Investment Corp

Brendan Mota represented Rockland Trust as the lender in the financing deal, while Hyperion Holdings, LLC and Innovative Investment Corp served as the landlords for the development site. The loan amount of $5.5 million was utilized for the new townhome development at Dean's Crossing, enhancing the real estate landscape in Taunton, MA.

Players

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  • Lenders

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Rockland Trust's profile picture
Rockland Trust
Rockland Trust

Details

Deal Summary
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FINANCED
IMAGE: Brendan Mota DATE: 04/30/2024 ADDRESS: 44 Dean Street MARKET: Taunton, MA ASSET TYPE: Development Site LENDER: Brendan Mota - Rockland Trust LANDLORD: Hyperion Holdings, LLC & Innovative Investment Corp LOAN AMOUNT: $5,500,000 NOTE: Hyperion Holdings, LLC and Innovative Investment Corp. secured $5.5 million financing from Rockland Trust for Taunton's new townhome development, Dean's Crossing, featuring 22 units conveniently situated off Route 44 and near the upcoming South Coast Rail phase two Commuter Rail station.

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Address44 Dean Street

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