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181 Commonwealth Avenue

Urban Standard Capital Provides $19 Million Construction Loan For Multifamily Asset In Boston
FINANCEDMultiFamily

Urban Standard Capital Provides $19 Million Construction Loan For Multifamily Asset In Boston

181 Commonwealth Avenue

$19,000,000

Building Size

Asset Type

MultiFamily

Closing

Jun 15, 2025

AI

The property asset involved in this transaction is a multifamily building located at 181 Commonwealth Avenue in Boston, MA. The loan amount secured for this construction project is $19,000,000. The asset is positioned within a market known for its multifamily housing developments.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $19,000,000
  • Lender: Charlie Brosens, Seth Weissman & Sam Hollander - Urban Standard Capital
  • Loan Type: Construction
  • Date of Transaction: 6/16/2025

Key individuals involved in this deal include Charlie Brosens, Seth Weissman, and Sam Hollander, all representing Urban Standard Capital as the lending institution for the construction financing arrangement. Their involvement is crucial in facilitating the financial aspects of this multifamily asset development.

Players

Seth Weissman

Urban Standard Capital

Lender

$590.5M

vol

56 deals

Lender
Urban Standard Capital
Urban Standard CapitalLender

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

0.83%

Cash-on-Cash

-0.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93