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Sal Lupoli Of Lupoli Company Secures $36.7 Million Loan From Beacon Bank & Trust In Littleton
FINANCED
$36,700,000
Massachusetts
See Similar DealsDevelopment Site
Financed 10/16/2025
FINANCED
Sal Lupoli Of Lupoli Company Secures $36.7 Million Loan From Beacon Bank & Trust In Littleton
550 King Street
See Similar DealsDevelopment Site
Financed 10/16/2025
Summary
MASSACHUSETTS
Asset Type:Development Site
Transaction Type:Loan
The asset involved in this transaction is a development site located at 550 King Street in Littleton, MA. The property is significant for its role in the King Street Common redevelopment project and has secured a loan amounting to $36,700,000.
Summary of transation details:
- Property Type: Development Site
- Transaction Amount: $36,700,000
- Lender: Beacon Bank & Trust
- Landlord: Sal Lupoli - Lupoli Company
This transaction highlights the involvement of Sal Lupoli, representing the Lupoli Company, which has taken a substantial loan from Beacon Bank & Trust to facilitate the redevelopment efforts at the specified location.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$36,700,000.00
Monthly NOI$244,666.67
Monthly Debt Service$231,968.96
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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