Florence Bank Provides $9.6 Million Loan For Harvard Square Property Deal In Cambridge MA
30 Brattle Harvard & 99 Mount Auburn Street
$9,600,000
Building Size
—
Asset Type
Commercial
Closing
Oct 2, 2025
AI
A commercial asset located at 30 Brattle Harvard & 99 Mount Auburn Street in Cambridge, MA was involved in a financing deal. The property was part of a $16.1 million transaction, which received a loan of $9.6 million from Florence Bank.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $9,600,000
- Address: 30 Brattle Harvard & 99 Mount Auburn Street
- Market: Cambridge, MA
- Lender: Florence Bank
The financing for the Harvard Square property was orchestrated by Florence Bank providing the loan. This transaction reflects a strategic financing move for the asset's stakeholders.
Players
Cambridge Commercial Market Snapshot
Boundary boundary · Commercial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.65%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93