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JLL Capital Markets Secures $8M Loan For 75,000 Square Foot Office At 15 Broad Street
FINANCED
$8,000,000
Massachusetts
See Similar DealsOffice75,000 SF
Financed 09/22/2025
FINANCED
JLL Capital Markets Secures $8M Loan For 75,000 Square Foot Office At 15 Broad Street
15 Broad Street
See Similar DealsOffice75,000 SF
Financed 09/22/2025
Summary
MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$106
Total Square Footage:75,000 SF
Transaction Type:Loan
15 Broad Street is a 75,000-square-foot office building located in the market of Boston, MA. The property has been secured with an $8,000,000 loan, which carries a five-year fixed-rate term.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $8,000,000
- Loan Terms: five-year, fixed-rate loan
- Lender: MountainOne Bank
- Landlord: Broder
- Brokers: Amy Lousararian & Hugh Doherty - JLL
The loan arrangement was executed by JLL Capital Markets, highlighting the firm's role in facilitating financing options for commercial properties. Amy Lousararian and Hugh Doherty of JLL represented the interests in this transaction, demonstrating their involvement in the loan process for the property at 15 Broad Street.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$8,000,000.00
Monthly NOI$53,333.33
Monthly Debt Service$50,565.44
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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