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

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FINANCED
$26,212,912

Massachusetts

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Industrial
Financed 01/08/2026
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Property Image
FINANCED

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

46 Old Ferry Road

See Similar Deals
Industrial
Financed 01/08/2026
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Summary

MASSACHUSETTS
Asset Type:Industrial
Transaction Type:Loan

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

LENDER

Details

FINANCED
IMAGE: Jonathan Lewis DATE: 1/8/2026 ADDRESS: 46 Old Ferry Road MARKET: Methuen, MA ASSET TYPE: Industrial LENDER: Jonathan Lewis - JLJ Capital LANDLORD: Patriot Holdings ORIGINATOR: Dan Parmenter LOAN AMOUNT: $26,212,912 LOAN TYPE: Bridge LOAN TERMS: 24 months

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$26,212,912.00

Monthly NOI$174,752.75
Monthly Debt Service$165,683.43
Change in Cash Flow$0.00
Refinance Proceeds$0.00