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7 Hartwell Avenue

Updated Sep 11, 2026

Dinosaur Capital Partners Secures $48M Loan From Axonic Capital & Affinius Capital For 130-Unit Project
FINANCEDMultiFamily

Dinosaur Capital Partners Secures $48M Loan From Axonic Capital & Affinius Capital For 130-Unit Project

7 Hartwell Avenue

$48,000,000

Units

130

Asset Type

MultiFamily

Closing

Sep 10, 2026

About this deal

AI

The property asset involved in this transaction is a 130-unit Class A multifamily project located at 7 Hartwell Avenue in Lexington, MA. The construction financing secured for this project amounts to $48,000,000, facilitated by Axonic Capital and David Greenburg from Affinius Capital.

Summary of transation details:

Key individuals in this transaction include David Greenburg, representing Affinius Capital, and the landlord, Dinosaur Capital Partners, both instrumental in the financing arrangement for the multifamily project.

Players

Dinosaur Capital Partners
Dinosaur Capital PartnersBuyer

David Greenburg

Affinius Capital

Lender

$1.2B

vol

6 deals

Lender
Axonic Capital
Axonic CapitalLender

Mechanicsville MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $369.2K per unit across 130 units on a published $48M (2026).

Visit David Greenburg to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.33%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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