Chestnut Hill Realty Secures $64.15M Loan From Freddie Mac For Multifamily Properties In Brookline & Cambridge, MA
FINANCED
$64,150,000
Massachusetts
See Similar DealsMultiFamily
Financed 01/14/2022
FINANCED
Chestnut Hill Realty Secures $64.15M Loan From Freddie Mac For Multifamily Properties In Brookline & Cambridge, MA
34 Harris Street, Cambridge, Massachusetts 02140, United States
See Similar DealsMultiFamily
Financed 01/14/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Loan
The multifamily properties located at 34 Harris St, 50 Alton Place, 19 Wendell Terrace, 60 Brattle St, and 1 Langdon St in Brookline and Cambridge, MA have been involved in a loan transaction.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $64,150,000
- Lender: Freddie Mac
- Landlord: Chestnut Hill Realty
- Brokers: Robert Lipson - Berkadia
The loan amount for this transaction was $64,150,000. The lender for the loan was Freddie Mac. Chestnut Hill Realty served as the landlord in this deal. The brokers involved in the transaction were Robert Lipson from Berkadia.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$64,150,000.00
Monthly NOI$427,666.67
Monthly Debt Service$405,471.64
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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