facebook
Traded Co logo
Submit
Daily limit: 0/10

Thorofare Capital Provides $50.5 Million Bridge Loan For Cambridgeport Labs In Cambridge MA

Property Image
FINANCED
$50,500,000

Massachusetts

See Similar Deals
Life Sciences112,702 SF
Financed 09/11/2025
the dealplayerscompscontact
Property Image
FINANCED

Thorofare Capital Provides $50.5 Million Bridge Loan For Cambridgeport Labs In Cambridge MA

99 Erie Street & 167 Sidney Street

See Similar Deals
Life Sciences112,702 SF
Financed 09/11/2025
Contact now

Summary

MASSACHUSETTS
Asset Type:Life Sciences
Price Per Square Foot:$448
Total Square Footage:112,702 SF
Transaction Type:Loan

The asset involved in this transaction is a life sciences property located at 99 Erie Street & 167 Sidney Street in Cambridge, MA, totaling 56,351 square feet. A bridge loan in the amount of $50,500,000 was provided to refinance the property known as Cambridgeport Labs.

Summary of transaction details:

  • Property Type: Life Sciences
  • Transaction Amount: $50,500,000
  • Lender: Kevin H. Miller - Thorofare Capital
  • Landlord: Mike Freno - Barings & Kevin Sheehan - Greatland Realty Partners
  • Loan Type: Bridge
  • Date of Transaction: 09/11/2025

This transaction features key individuals including Kevin H. Miller representing Thorofare Capital as the lender, along with landlords Mike Freno from Barings and Kevin Sheehan from Greatland Realty Partners, who are responsible for the property management and operational aspects of the asset.

Players

LENDER

Barings
LENDER

Kevin Sheehan
6 deals$541.7M volume
LANDLORD

MF
15 deals$1.9B volume
LANDLORD

Details

FINANCED
IMAGE: Kevin H. Miller, Mike Freno & Kevin Sheehan DATE: 09/11/2025 ADDRESS: 99 Erie Street & 167 Sidney Street MARKET: Cambridge, MA ASSET TYPE: Life Sciences ~ SF: 56,351 LENDER: Kevin H. Miller - Thorofare Capital (@ThorofareCapital) LANDLORD: Mike Freno - Barings & Kevin Sheehan - Greatland Realty Partners LOAN AMOUNT: $50,500,000 LOAN TYPE: Bridge NOTE: Thorofare Capital provided a $50.5 million bridge loan to refinance Cambridgeport Labs, a two-building life sciences property near MIT totaling 56,351 square feet.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$50,500,000.00

Monthly NOI$336,666.67
Monthly Debt Service$319,194.35
Change in Cash Flow$0.00
Refinance Proceeds$0.00