facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Loan

/

1 Arboretum Way, Canton, Ma...

MCG Canton Arboretum, LLC Acquires Multifamily Property In Canton, MA For $41M
FINANCEDMultiFamily

MCG Canton Arboretum, LLC Acquires Multifamily Property In Canton, MA For $41M

1 Arboretum Way, Canton, Massachusetts 02021, United States

$41,000,000

Building Size

Asset Type

MultiFamily

Closing

Jan 10, 2023

AI

The multifamily property located at 1 Arboretum Way in Canton, MA has recently undergone an acquisition deal. The property consists of 156 units and is owned by MCG Canton Arboretum, LLC. The transaction was facilitated by brokers Casimir Groblewski and Colin Monahan from Fantini & Gorga. The loan amount for this acquisition was $41,000,000.

Summary of transaction details

With the assistance of brokers Casimir Groblewski and Colin Monahan from Fantini & Gorga, MCG Canton Arboretum, LLC successfully acquired the multifamily property located at 1 Arboretum Way in Canton, MA. The transaction involved a loan amount of $41,000,000, allowing the landlord to take ownership of the 156-unit property.

Players

Casimir Groblewski

Fantini & Gorga

Broker

$153.1M

vol

10 deals

Broker

Canton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.39%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93