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EagleBridge Capital Arranges $3.2 Million Loan For Hathaway House Office Building In Wellesley
FINANCED
$3,200,000
Massachusetts
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Financed
FINANCED
EagleBridge Capital Arranges $3.2 Million Loan For Hathaway House Office Building In Wellesley
103 Central Street
See Similar DealsOffice
Financed
Summary
MASSACHUSETTS
Asset Type:Office
Transaction Type:Loan
The transaction involves a historic multi-tenant office building known as Hathaway House, located at 103 Central Street in downtown Wellesley, MA. The permanent mortgage financing for this asset was arranged in the amount of $3,200,000, with funds provided by a regional lender.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,200,000
- Address: 103 Central Street
- Market: Wellesley, MA
- Broker: Ted Sidel - EagleBridge Capital
Ted Sidel from EagleBridge Capital played a key role in facilitating the financing arrangement for the property. The deal highlights the collaboration between EagleBridge Capital and a regional lender to secure the necessary funds for Hathaway House.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,200,000.00
Monthly NOI$21,333.33
Monthly Debt Service$20,226.18
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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