facebook
Traded Co logo
Submit

QS Private Lending, LLC Provides $2.19M Fix & Flip Loan For Multifamily Property In Cambridge, MA

Property Image
FINANCED
$2,190,000

Massachusetts

See Similar Deals
MultiFamily3,000 SF
the dealplayerscompscontact
Property Image
FINANCED

QS Private Lending, LLC Provides $2.19M Fix & Flip Loan For Multifamily Property In Cambridge, MA

89 Third Street

See Similar Deals
MultiFamily3,000 SF
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$730
Total Square Footage:3,000 SF
Transaction Type:Loan

Located at 89 Third Street in Cambridge, MA, this multifamily property spans approximately 3,000 square feet. The property was involved in a closed transaction.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $2,190,000
  • Address: 89 Third Street
  • Market: Cambridge, MA
  • Loan Type: Fix & Flip
  • Lender: QS Private Lending, LLC
  • Landlord: Talanoa Lesatele
  • Broker: Chris Sava & Hub Financing ; Mario Kula - QS Private Lending, LLC

QS Private Lending, LLC provided a loan amount of $2,190,000 for this fix and flip transaction. The property's landlord is Talanoa Lesatele. The broker involved in the deal is Chris Sava from Hub Financing and Mario Kula from QS Private Lending, LLC.

Hub Financing, LLC is a commercial mortgage brokerage specializing in short and long-term finance solutions for real estate investors nationwide. They problem solve for their clients and often close deals that other brokers and banks cannot.

Players

Chris Sava
5 deals$28.9M volume(978) 417-9325
BROKER

Chris Sava
Hub Financing, LLC
5 deals$28.9M volume(978) 417-9325
BROKER

Mario kula
1 deal$2.2M volume
BROKER

QS Private Lending
LENDER

Details

FINANCED
IMAGE: Chris Sava & Mario Kula ADDRESS: 89 Third Street MARKET: Cambridge, MA ASSET TYPE: Multifamily ~ SF: 3,000 LENDER: QS Private Lending, LLC LANDLORD: Talanoa Lesatele BROKER: Chris Sava (@ChrisSava_) & Hub Financing (@HubFinancing); Mario Kula (@_Its_a_me) - QS Private Lending, LLC LOAN AMOUNT: $2,190,000 LOAN TYPE: Fix & Flip NOTE FROM BROKER: Hub Financing, LLC is a commercial mortgage brokerage specializing in short and long term finance solutions for real estate investors nationwide. We problem solve for our clients and often close deals other brokers and banks cannot.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$2,190,000.00

Monthly NOI$14,600.00
Monthly Debt Service$13,842.29
Change in Cash Flow$0.00
Refinance Proceeds$0.00