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EagleBridge Capital Arranges $9.2 Million Refinance For 33 Locke Drive In Marlborough MA
FINANCED
$9,200,000
Massachusetts
See Similar DealsMixed-use61,177 SF
Financed
FINANCED
EagleBridge Capital Arranges $9.2 Million Refinance For 33 Locke Drive In Marlborough MA
33 Locke Drive
See Similar DealsMixed-use61,177 SF
Financed
Summary
MASSACHUSETTS
Asset Type:Mixed-use
Price Per Square Foot:$150
Total Square Footage:61177 SF
Transaction Type:Loan
A mortgage refinancing transaction was arranged for a mixed-use asset located at 33 Locke Drive in Marlborough, MA. This property encompasses a total of 61,177 square feet and consists of a multi-tenant office R&D building. The loan amount for this refinancing was $9,200,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $9,200,000
- Address: 33 Locke Drive
- Market: Marlborough, MA
- Asset Size: 61,177 sq. ft.
- Loan Type: Refinance
- Broker: Ted Sidel - EagleBridge Capital
Ted Sidel from EagleBridge Capital played a crucial role in facilitating the refinancing for the property at 33 Locke Drive, showcasing the efforts of the brokerage firm in handling financial transactions in the real estate market.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$9,200,000.00
Monthly NOI$61,333.33
Monthly Debt Service$58,150.26
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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