Bob Faith Of Greystar Purchases Mixed-Use Property In Taunton For $8.75M With $79.9M Loan
437 Whittenton Street
$8,750,000
$875/SF
Building Size
10,000 SF
Asset Type
Mixed-use
Closing
Jan 2, 2026
AI
A mixed-use property located at 437 Whittenton Street in Taunton, MA was sold for $8,750,000. The property encompasses a total square footage of 10,000 and reflects a price per square foot of $875.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $8,750,000
- Buyer: Bob Faith - Greystar
- Lender: Bank of America
- Loan Amount: $79.9 million
This transaction was facilitated by Greystar, with Bob Faith representing the firm. The acquisition was supported by a substantial construction loan from Bank of America aimed at a mixed-use project at the site.
Players
Taunton Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.81%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93