Updated Mar 11, 2025
RD Advisors Provides $2.5M Refinance Loan For Commercial Property In Boston, MA
917 East Broadway, South Boston Naval Annex, Massachusetts 02127, United States
$2,500,000
$964/SF
Building Size
2,592 SF
Asset Type
Commercial
Closing
Dec 16, 2021
About this deal
AI
A commercial property located at 917 E Broadway in Boston, MA, with a size of 2,592 square feet, has been involved in a loan transaction.
Summary of transaction details
- Property Type: Commercial
- Transaction Amount: $2,500,000
- Lender: RD Advisors - Sean Kelly-Rand
- Loan Type: Refinance
Sean Kelly-Rand, representing RD Advisors, acted as the lender in this deal. RD Advisors is currently accepting loan requests for non-owner occupied residential and commercial properties in Massachusetts. Loan requests can be submitted through their website, www.rd.loans.
Players
South Boston 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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93