Updated Oct 28, 2024
Barings Provides $53.5M Loan For Multifamily Property In Jamaica Plain, MA
3368 Washington Street, Boston, Massachusetts 02130, United States
$53,500,000
$1,418/SF
Building Size
37,718 SF
Asset Type
MultiFamily
Closing
Feb 8, 2022
About this deal
AI
barings-4626a10b-91b9-4404-b096-d78fc90a0c26''>Barings has provided a loan of $53,500,000 for the acquisition of a multifamily property located at 3368 Washington St in Jamaica Plain, MA. The loan transaction was completed on February 9, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Loan Amount: $53,500,000
- Lender: Barings - Daron Tubian
- Date: February 9, 2022
- Address: 3368 Washington St, Jamaica Plain, MA
- Market: Jamaica Plain, MA
Daron Tubian from Barings represented the lender in the loan transaction for the multifamily property located at 3368 Washington St in Jamaica Plain, MA.
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Browse Massachusetts multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.30%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93