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55 Waterfall Drive

Chestnut Hill Realty Investments Secures $60.8M Freddie Mac Refinance For Multifamily In Canton MA
FINANCEDMultiFamily

Chestnut Hill Realty Investments Secures $60.8M Freddie Mac Refinance For Multifamily In Canton MA

55 Waterfall Drive

$60,800,000

Building Size

Asset Type

MultiFamily

Closing

Apr 18, 2025

AI

The asset involved in this transaction is a multifamily property consisting of 152 units located at 55 Waterfall Drive, Canton, MA. The loan secured for this property was $60,800,000, which is a refinance transaction facilitated by Freddie Mac.

Summary of transaction details:

Chestnut Hill Realty Investments was the entity securing the refinancing for the property, with Robert Lipson from Berkadia acting as the broker for this transaction, effectively representing the parties involved in the deal.

Players

Robert Lipson

Berkadia

Broker

$210.2M

vol

4 deals

Broker
Freddie Mac
Freddie MacLender

Canton 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

0.26%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93