Updated Oct 8, 2026
Duncan Osborne Of Willow Bridge Property Co. Secures $522M Refinance Loan From BNP Paribas
165 Main Street
$522,000,000
Units
300
Asset Type
MultiFamily
Closing
Oct 6, 2026
About this deal
AI
The transaction involves a multi-family asset located at 165 Main Street in Cambridge, MA. This property is known for its capacity as a residential development, specifically being a 25-story, 300-unit residential tower situated in Kendall Square.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $522,000,000
- Lender: BNP Paribas
- Landlord: Sally Kornbluth - Massachusetts Institute of Technology (MIT)
- Borrower: Duncan Osborne - Willow Bridge Property Co.
- Loan Type: Refinance
This deal was facilitated by the involvement of Sally Kornbluth, representing Massachusetts Institute of Technology (MIT) as the landlord, and Duncan Osborne, representing Willow Bridge Property Co. as the borrower. This refinancing arrangement underscores the participation of established entities in the property market.
On the Map
$522,000,000
MultiFamily
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Players
Cambridge MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.03%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93