Updated Oct 22, 2026
Crowd Lending Inc Provides $3,740,450 Construction Loan For Development Site In Dorchester MA
45 Milton Avenue
$3,740,450
Building Size
—
Asset Type
Development Site
Closing
Oct 14, 2026
About this deal
AI
The property asset involved in the transaction is a development site located at 45 Milton Avenue in Dorchester, MA. The site has a building square footage of 8,800 and is associated with a loan amount of $3,740,450 for construction purposes.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $3,740,450
- Lender: Crowd Lending Inc
- Loan Originator: Robert Nichols - MIG Advisory
- Transaction Date: 10/14/2026
The key individuals involved in this transaction include Robert Nichols, who serves as the loan originator, while Crowd Lending Inc is the lending institution facilitating the construction financing for this project.
On the Map
$3,740,450
Development Site
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Players
Dorchester Center Development Site Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.24%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93