Mark Silver Of Sunday Capital Provides $7.7M Refinance Loan For Multifamily Asset In Lowell MA
78 Middlesex Street
$7,700,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 23, 2026
AI
The transaction involves a multifamily asset located at 78 Middlesex Street in Lowell, MA. The loan for this property amounted to $7,700,000 and is categorized as a refinance. The terms of the loan span 24 months with a possible 6-month extension.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $7,700,000
- Loan Type: Refinance
- Loan Terms: 24 Months w/ 6 Month Extension
- Lender: Mark Silver - Sunday Capital
Mark Silver, representing Sunday Capital, facilitated the lending for this transaction, ensuring the beneficial terms for the refinance of the property. His involvement was crucial in securing the loan for the multifamily asset.
Players
Lowell 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
2.06%
Cash-on-Cash
-0.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93