FinanceBoston Arranges $5.25M Refinance Loan For Orleans, MA Hotel

A hotel located at 24 Canal Road in Orleans, MA was recently involved in a loan transaction. The property spans 28,810 square feet and is represented by Jake Cremmen of FinanceBoston. The loan amount for this transaction was $5,250,000 and it was a refinancing deal.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $5,250,000
• Address: 24 Canal Road, Orleans, MA
• Market: Orleans, MA
• Asset Type: Hotel
• Square Footage: 28,810
• Broker: Jake Cremmen - FinanceBoston

Jake Cremmen from FinanceBoston played a crucial role as the broker in this loan transaction, where the hotel property located at 24 Canal Road in Orleans, MA was refinanced for $5,250,000. This deal signifies the value and potential of the property within the market.