Benjamin Marshall Secures $1.5M Refinance Loan For Multifamily Property From RD Advisors
FINANCED
$1,500,000
Massachusetts
See Similar DealsMultiFamily10,428 SF
Financed 08/19/2025
FINANCED
Benjamin Marshall Secures $1.5M Refinance Loan For Multifamily Property From RD Advisors
38 Railroad Street
See Similar DealsMultiFamily10,428 SF
Financed 08/19/2025
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$143
Total Square Footage:10,428 SF
Transaction Type:Loan
The property involved in this transaction is located at 38 Railroad Street in Haverhill, MA. It is a multifamily asset with a total square footage of 10,428. The loan amount for this refinancing transaction is set at $1,500,000.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Lender: Alex Sigman & Sean Kelly-Rand - RD Advisors
- Landlord: Benjamin Marshall
- Loan Type: Refinance
The key individuals in this deal include lenders Alex Sigman and Sean Kelly-Rand, who represent RD Advisors, and landlord Benjamin Marshall. RD Advisors is currently accepting loan requests for non-owner occupied residential and commercial properties in Massachusetts.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,500,000.00
Monthly NOI$10,000.00
Monthly Debt Service$9,481.02
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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