Updated Dec 21, 2023
Northmarq Arranges $7M Multifamily Refinance Loan For 76 Stonley Rd, Jamaica Plain
76 Stonley Road, Boston, Massachusetts 02130, United States
$7,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 10, 2022
About this deal
AI
A $7,000,000 loan was recently secured to refinance a multifamily property located at 76 Stonley Rd in Jamaica Plain, MA. The loan transaction was facilitated by Jeff Munoz from Northmarq.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $7,000,000
- Loan Type: Refinance
- Broker: Jeff Munoz - Northmarq
- Market: Jamaica Plain, MA
Jeff Munoz from Northmarq played a crucial role in arranging the loan refinance for the property at 76 Stonley Rd in Jamaica Plain, MA.
The multifamily loan at 76 Stonley Road, Boston, Massachusetts 02130, United States in Boston, Massachusetts financed for $7M in 2022. 76 Stonley Road, Boston, Massachusetts 02130, United States is classified as Multifamily on Traded. Jeff Munoz, NorthMarq appear on the loan alongside NorthMarq. This page is the Boston, Massachusetts file for the 76 Stonley Road, Boston, Massachusetts 02130, United States multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else financed near 76 Stonley Road, Boston, Massachusetts 02130, United States around 2022. Published consideration for 76 Stonley Road, Boston, Massachusetts 02130, United States is $7M, dated 2022. Cite this Northmarq Arranges $7M Multifamily Refinance Loan For 76 Stonley Rd, Jamaica Plain loan when underwriting similar multifamily product around Boston, Massachusetts.
On the Map
$7,000,000
MultiFamily
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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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93