Christopher J. Roche Of Crowd Lending Inc. Provides $2.27M Refinance Loan For Arlington Multifamily
FINANCED
$2,271,000
Massachusetts
See Similar DealsMultiFamily
Financed 07/18/2025
FINANCED
Christopher J. Roche Of Crowd Lending Inc. Provides $2.27M Refinance Loan For Arlington Multifamily
14 16 Lafayette Street
See Similar DealsMultiFamily
Financed 07/18/2025
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Loan
The property involved in the transaction is a multifamily asset located at 14-16 Lafayette Street in Arlington, MA, consisting of 2 units. The refinance loan amount totaled $2,271,000, with a loan term of one year.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,271,000
- Lender: Christopher J. Roche - Crowd Lending Inc.
- Attorney: Steven J. Brooks, Esquire - Brooks & Crowley, LLP
- Loan Type: Refinance
- Loan Terms: One Year
The lender for this transaction is Christopher J. Roche, who represents Crowd Lending Inc. The legal representation for the deal is provided by Steven J. Brooks from Brooks & Crowley, LLP, involved in the closing process of the refinance agreement.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,271,000.00
Monthly NOI$15,140.00
Monthly Debt Service$14,354.26
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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