Andy Bratt And Sean Kuang Of Gantry Secure $30 Million Loan For Medical Office In Somerville

The asset involved is a medical office located at 40 Holland Street, Somerville, MA, encompassing a total square footage of 101,000. The property is fully leased, with a significant portion of occupancy attributed to Atrius Health.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $30,000,000
• Loan Terms: five-year, fixed rate loan with 30-year amortization
• Broker Representatives: Andy Bratt & Sean Kuang - Gantry

Gantry facilitated the permanent loan arranged for refinancing the Davis Square Center. The loan was secured through a correspondent insurance lender, with Andy Bratt and Sean Kuang representing the borrower in this transaction.