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Massachusetts

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Mixed Use

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300 Derby Street

Christopher J. Roche Of Crowd Lending Provides $1,925,000 Bridge Loan For Mixed-Use Asset In Salem MA
FINANCEDMixed-use

Christopher J. Roche Of Crowd Lending Provides $1,925,000 Bridge Loan For Mixed-Use Asset In Salem MA

300 Derby Street

$1,925,000

Building Size

Asset Type

Mixed-use

Closing

May 4, 2026

AI

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.

Players

Christopher J. Roche

Crowd Lending

Lender

$40.9M

vol

13 deals

Lender

Salem Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.24%

Cash-on-Cash

-2.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93