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
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