facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Industrial

/

Loan

/

46 Old Ferry Road

Jonathan Lewis Of JLJ Capital Provides $26.21M Bridge Loan To Patriot Holdings In Methuen MA
FINANCEDIndustrial

Jonathan Lewis Of JLJ Capital Provides $26.21M Bridge Loan To Patriot Holdings In Methuen MA

46 Old Ferry Road

$26,212,912

Building Size

Asset Type

Industrial

Closing

Jan 7, 2026

AI

The property asset involved in this transaction is an industrial asset located at 46 Old Ferry Road in Methuen, MA. The loan amount secured for this asset is $26,212,912 under a bridge loan type with a term of 24 months.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $26,212,912
  • Lender: Jonathan Lewis - JLJ Capital
  • Landlord: Patriot Holdings
  • Originator: Dan Parmenter

The key individuals and companies involved in this deal include Jonathan Lewis, who represents JLJ Capital as the lender, and Dan Parmenter, serving as the originator for this transaction. Patriot Holdings is recognized as the landlord in this deal.

Players

JLJ Capital
JLJ CapitalLender

Methuen Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.61%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93