Christopher J. Roche Of Crowd Lending Provides $9.425M Loan For Development Site In Melrose, MA

The property asset involved in this transaction is a development site located at 31-39 West Wyoming Avenue in Melrose, MA. The total area of the site is 48,884 square feet. The loan amount secured for this property is $9,425,000, specifically categorized as a construction loan.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $9,425,000
• Lender: Christopher J. Roche - Crowd Lending
• Attorney: Steven J. Brooks, Esquire - Brooks & Crowley, LLP
• Loan Type: Construction

This transaction was facilitated by Crowd Lending Inc., a Boston-based private lender that specializes in providing fast and flexible funding for the acquisition and renovation of investment properties. Their expertise lies in the Greater Boston real estate market, and they emphasize ease, speed, and simplicity in their partnerships, with the capability to close in as little as 72 hours.