Updated Sep 2, 2026
Craig Halajian Secures $2,284,500 Loan From Sean Kelly-Rand For Multifamily Acquisition In Cambridge
32 Rockingham Street
$2,284,500
$757/SF
Building Size
3,018 SF
Asset Type
MultiFamily
Closing
Aug 10, 2026
About this deal
AI
The asset involved in the transaction is a multifamily property located at 32 Rockingham Street in Cambridge, MA. The property encompasses a total square footage of 3,018 and consists of 2 units. The borrower secured a loan amounting to $2,284,500 designated for acquisition purposes.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,284,500
- Address: 32 Rockingham Street
- Market: Cambridge, MA
- Square Footage: 3,018
- Units: 2
- Lender: Sean Kelly-Rand - RD Advisors
- Borrower: Craig Halajian
- Loan Type: Acquisition
The individuals involved in this deal include Sean Kelly-Rand representing RD Advisors as the lender, facilitating the loan agreement. Craig Halajian is the borrower involved in this acquisition transaction, demonstrating a focused initiative in securing financing for the property.
Players
Cambridge 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
6.94%
Cash-on-Cash
-1.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93