Updated Sep 25, 2025
JLL Capital Markets Secures $8M Loan For 75,000 Square Foot Office At 15 Broad Street
15 Broad Street
$8,000,000
$106/SF
Building Size
75,000 SF
Asset Type
Office
Closing
Sep 22, 2025
About this deal
AI
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.
On the Map
$8,000,000
$106/SF
Office
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Players
Boston Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93