FINANCEDMultiFamily
Chestnut Hill Realty Secures $21M Loan For Multifamily Property In Brighton & Brookline
111 Kilsyth Rd
$21,000,000
$2,058/SF
Building Size
10,200 SF
Asset Type
MultiFamily
Closing
Jul 9, 2020
AI
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.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93