Sean Kelly-Rand & Alex Sigman Provide $1.15M Refinance For Multifamily Asset In Haverhill MA
FINANCED
$1,150,000
Massachusetts
See Similar DealsMultiFamily5,025 SF
Financed 10/30/2024
FINANCED
Sean Kelly-Rand & Alex Sigman Provide $1.15M Refinance For Multifamily Asset In Haverhill MA
5-7 Arlington Street
See Similar DealsMultiFamily5,025 SF
Financed 10/30/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$228
Total Square Footage:5,025 SF
Transaction Type:Loan
The property asset involved in this transaction is a multifamily structure located at 5-7 Arlington Street in Haverhill, MA. The total square footage of the asset is 5,025, which supports multifamily residential usage.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Loan Amount: $1,150,000
- Loan Type: Refinance
- Lender: Sean Kelly-Rand & Alex Sigman - RD Advisors
- Date: 10/30/2024
The key individuals involved in this transaction are Sean Kelly-Rand and Alex Sigman, who represent RD Advisors as lenders. They facilitate refinancing options for non-owner occupied residential and commercial properties in Massachusetts.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,150,000.00
Monthly NOI$7,666.67
Monthly Debt Service$7,268.78
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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