Christopher J. Roche Of Crowd Lending Provides $1,925,000 Bridge Loan For Mixed-Use Asset In Salem MA
FINANCED
$1,925,000
Massachusetts
See Similar DealsMixed-use
Financed 05/05/2026
FINANCED
Christopher J. Roche Of Crowd Lending Provides $1,925,000 Bridge Loan For Mixed-Use Asset In Salem MA
300 Derby Street
See Similar DealsMixed-use
Financed 05/05/2026
Summary
MASSACHUSETTS
Asset Type:Mixed-use
Transaction Type:Loan
The asset involved in this transaction is a mixed-use property located at 300 Derby Street in Salem, MA. The loan amount provided for this transaction is $1,925,000, structured as a bridge loan.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,925,000
- Lender: Christopher J. Roche - Crowd Lending
- Loan Type: Bridge
- Date: 5/5/2026
Christopher J. Roche, representing Crowd Lending, Inc., is a direct private lender that specializes in offering fast and flexible financing solutions tailored for real estate investors, builders, and developers throughout New England. Their services include fix-and-flip, bridge, and ground-up construction loans, focusing on asset-based underwriting and competitive terms to enable quick closures for property acquisition, renovation, and development.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,925,000.00
Monthly NOI$12,833.33
Monthly Debt Service$12,167.31
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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