Brian Rooney Of Finance Boston Secures $15M Refinance Loan For Mixed-Use Property On 407 Washington St In Boston
FINANCED
$15,000,000
Massachusetts
See Similar DealsMixed-use23,000 SF
Financed 03/31/2022
FINANCED
Brian Rooney Of Finance Boston Secures $15M Refinance Loan For Mixed-Use Property On 407 Washington St In Boston
407 Washington Street, Boston, Massachusetts 02135, United States
See Similar DealsMixed-use23,000 SF
Financed 03/31/2022
Summary
MASSACHUSETTS
Asset Type:Mixed-use
Price Per Square Foot:$652
Total Square Footage:23,000 SF
Transaction Type:Loan
Located at 407 Washington St in Boston, MA, this mixed-use property spans across 23,000 square feet. The deal involved a refinance loan, with a loan amount of $15,000,000. The loan was secured with a 3.00% interest rate.
Summary of transaction details
- Property Type: Mixed use
- Transaction Amount: $15,000,000
- Loan Type: Refinance
- Loan Terms: 3.00%
The broker who facilitated this transaction was Brian Rooney from Finance Boston.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$15,000,000.00
Monthly NOI$100,000.00
Monthly Debt Service$94,810.20
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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