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Bluestone Bank And Pacific Coast Bankers Bank Provide $3.2 Million Loan For Multifamily Property In Everett

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FINANCED
$3,200,000

Massachusetts

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MultiFamily
Financed 12/15/2025
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Property Image
FINANCED

Bluestone Bank And Pacific Coast Bankers Bank Provide $3.2 Million Loan For Multifamily Property In Everett

536 Broadway

See Similar Deals
MultiFamily
Financed 12/15/2025
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Loan

The property asset involved in this transaction is a 15-unit multifamily property located at 536 Broadway in Everett, MA. It was financed with a loan amount of $3,200,000, provided jointly by two lenders, Bluestone Bank and Pacific Coast Bankers Bank.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,200,000
  • Address: 536 Broadway
  • Market: Everett, MA
  • Lender: Bluestone Bank & Pacific Coast Bankers Bank

The acquisition involved a coordinated effort by Bluestone Bank and Pacific Coast Bankers Bank to facilitate the financing of the property at 536 Broadway. This collaboration highlights the significant role of financial institutions in the successful completion of multifamily real estate transactions.

Players

LENDER

Details

FINANCED
IMAGE: 12/15/2025 ADDRESS: 536 Broadway MARKET: Everett, MA ASSET TYPE: Multifamily LENDER: Bluestone Bank & Pacific Coast Bankers Bank LOAN AMOUNT: $3,200,000 NOTE: The acquisition of the 15-unit multifamily property at 536 Broadway, Everett, was financed with a $3.2 million loan provided jointly by Bluestone Bank and Pacific Coast Bankers Bank.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$3,200,000.00

Monthly NOI$21,333.33
Monthly Debt Service$20,226.18
Change in Cash Flow$0.00
Refinance Proceeds$0.00