DND Homes Secures $14.95 Million Construction Loan For 55 Unit Multifamily At 9 Wyman Road

The asset involved in this transaction is a multifamily property located at 9 Wyman Road in Cambridge, MA. The property consists of 26,000 square feet and has a total of 55 units. The loan amount secured for this construction is $14,950,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $14,950,000
• Asset Size: 26,000 SF
• Number of Units: 55
• Landlord: DND Homes
• Broker: Doug Landry - LandUP Capital
• Loan Type: Construction
• Market: Cambridge, MA

Doug Landry from LandUP Capital represents DND Homes in this construction loan transaction, facilitating the financing needed for the development of the multifamily property.