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143 Clarendon Avenue

FinanceBoston Provides $14 Million Acquisition Loan To Landlord Robert & Linnette Miller For Palm Beach Property
FINANCEDSingle Family Residence

FinanceBoston Provides $14 Million Acquisition Loan To Landlord Robert & Linnette Miller For Palm Beach Property

143 Clarendon Avenue

$14,000,000

$1,614/SF

Building Size

8,671 SF

Asset Type

Single Family Residence

Closing

Feb 5, 2026

AI

The property asset involved in this transaction is a single-family home located at 143 Clarendon Avenue in the Palm Beach market, featuring a total square footage of 8,671. The acquisition loan was secured for an amount of $14,000,000.

Summary of transation details:

  • Property Type: Single Family
  • Transaction Amount: $14,000,000
  • Lender: FinanceBoston
  • Landlord: Robert & Linnette Miller
  • Broker: Carole Koeppel - Sotheby's International Realty
  • Loan Type: Acquisition

The deal involves key individuals including Fergal Woods and Anna Napadiy, who are part of the financial arrangement surrounding the acquisition. The involvement of FinanceBoston as the lender underlines the financing structure of this transaction.

Players

Carole Koeppel

Broker

$26M

vol

3 deals

Broker
Fergal Woods

Fergal Woods

FinanceBoston

Originator

$17M

vol

2 deals

Originator
FinanceBoston
FinanceBostonOriginator

Palm Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.13%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93