Chestnut Hill Realty Secures $21M Loan For Multifamily Property In Brighton & Brookline
FINANCED
$21,000,000
Massachusetts
See Similar DealsMultiFamily10,200 SF
Financed 07/10/2020
FINANCED
Chestnut Hill Realty Secures $21M Loan For Multifamily Property In Brighton & Brookline
111 Kilsyth Rd
See Similar DealsMultiFamily10,200 SF
Financed 07/10/2020
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$2,058
Total Square Footage:10,200 SF
Transaction Type:Loan
The multifamily property located at 111-115 Kilsyth Road in Brighton & Brookline was involved in a recent transaction. The borrower, Chestnut Hill Realty, secured a loan amount of $21,000,000 for the property.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $21,000,000
- Borrower: Chestnut Hill Realty
- Address: 111-115 Kilsyth Road
- Market: Brighton & Brookline
The loan was facilitated by Robert Lipson of Berkadia, who acted as the broker in the deal.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$21,000,000.00
Monthly NOI$140,000.00
Monthly Debt Service$132,734.28
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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