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527 Massachusetts Avenue

Larry Cristofori Secures $2.87M Refinance Loan From Crowd Lending For 527 Massachusetts Avenue Multifamily
FINANCEDMultiFamily

Larry Cristofori Secures $2.87M Refinance Loan From Crowd Lending For 527 Massachusetts Avenue Multifamily

527 Massachusetts Avenue

$2,874,000

$492/SF

Building Size

5,840 SF

Asset Type

MultiFamily

Closing

Dec 28, 2025

AI

The property asset involved in the transaction is a multifamily building located at 527 Massachusetts Avenue in Boston, MA. The asset comprises 5,840 square feet and includes a total of four units. The transaction was structured as a refinance with a loan amount of $2,874,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,874,000
  • Address: 527 Massachusetts Avenue
  • Market: Boston, MA
  • Square Footage: 5,840
  • Units: 4
  • Lender: Crowd Lending, Inc
  • Landlord: Larry Cristofori
  • Brokers: Robert Nichols - MIG Advisory

The transaction was facilitated by Robert Nichols, representing MIG Advisory, who acted as the broker for the deal. Larry Cristofori is identified as the landlord associated with the asset involved in the transaction.

Players

Robert Nichols

MIG Realty

Broker

$69M

vol

44 deals

Broker
MIG Realty
MIG RealtyBrokerage
Crowd Lending
Crowd LendingLender

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

5.52%

Cash-on-Cash

-1.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93