CIM Group Loans $147.65M For Office Building Acquisition At One Cabot Rd, Medford MA
FINANCED
$147,650,000
Massachusetts
See Similar DealsOffice318,993 SF
Financed 01/12/2022
FINANCED
CIM Group Loans $147.65M For Office Building Acquisition At One Cabot Rd, Medford MA
1 Cabot Road, Medford, MA 02155
See Similar DealsOffice318,993 SF
Financed 01/12/2022
Summary
MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$462
Total Square Footage:318,993 SF
Transaction Type:Loan
The office property located at One Cabot Rd in Medford, MA has been involved in a recent transaction. The property spans a total of 318,993 square feet and is owned by The Davis Companies.
Summary of transaction details
The loan for this transaction was provided by CIM Group. The specific loan amount was $147,650,000. No additional information is available regarding this transaction.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$147,650,000.00
Monthly NOI$984,333.33
Monthly Debt Service$933,248.44
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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