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:
- Property Type: Multifamily
- Transaction Amount: $60,800,000
- Lender: Freddie Mac
- Landlord: Peter Poras - Chestnut Hill Realty Investments
- Broker: Robert Lipson - Berkadia
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
Canton MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
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