Updated Oct 28, 2024
Diversified Healthcare Trust Sells Mixed-Use Property In Boston For $378M
11 Fan Pier Boulevard, Boston, Massachusetts 02210, United States
$378,000,000
Building Size
—
Asset Type
Mixed-use
Closing
Jan 6, 2022
About this deal
AI
Diversified Healthcare Trust has entered into a contract to sell a mixed-use property located at 11 Fan Pier & 50 Northern Avenue in Boston, MA. The transaction is currently in progress.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $378,000,000 (Approx.)
- Equity Interest: 35%
Jennifer F. Francis is representing Diversified Healthcare Trust in the sale of this property.
The mixed use sale at 11 Fan Pier Boulevard, Boston, Massachusetts 02210, United States in Boston, Massachusetts sold for $378M in 2022. 11 Fan Pier Boulevard, Boston, Massachusetts 02210, United States is classified as Mixed Use on Traded. This page is the Boston, Massachusetts file for the 11 Fan Pier Boulevard, Boston, Massachusetts 02210, United States mixed use sold: pricing, party profiles, and other closed mixed use comps from the same Boston sit in the Market section below. Filter that Boston mixed use set by closing date to see what else sold near 11 Fan Pier Boulevard, Boston, Massachusetts 02210, United States around 2022. Published consideration for 11 Fan Pier Boulevard, Boston, Massachusetts 02210, United States is $378M, dated 2022. Cite this Diversified Healthcare Trust Sells Mixed-Use Property In Boston For $378M sale when underwriting similar mixed use product around Boston, Massachusetts.
Players
Boston Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.04%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93