Cambridge Savings Bank Provides $24M Loan For Hotel At 907 Main St

A hotel located at 907 Main St in Cambridge, MA has been involved in a recent loan transaction. The loan was made on 06/25/2021 and the loan amount was $24,000,000. The hotel consists of 67 rooms and is owned by Hay Creek Hotels, represented by Norman MacLeod. The lender for this transaction was Cambridge Savings Bank, represented by Wayne Patenaude.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $24,000,000
• Address: 907 Main St, Cambridge, MA
• Market: Cambridge, MA
• Rooms: 67
• Landlord: Hay Creek Hotels - Norman MacLeod
• Lender: Bldup Cambridge Savings Bank - Wayne Patenaude

This loan transaction involved key individuals and companies in the deal. Norman MacLeod represented the landlord, Hay Creek Hotels, while Wayne Patenaude represented the lender, Cambridge Savings Bank.