Gregory McCarthy Secures $4.57M Loan For Office Building At 51-55 Franklin Street In Boston

The property asset involved in this transaction is located at 51-55 Franklin Street, Boston, MA, encompassing an office asset type with a total square footage of 33,600 and consisting of 11 units, which include 2 retail and 9 office spaces. The loan amount granted for building and land acquisition is $4,570,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $4,570,000
• Address: 51-55 Franklin Street
• Market: Boston, MA
• Asset Size: 33,600 SF
• Units: 11 (2 Retail & 9 Office)
• Lender: Sean Kelly-Rand & Colin Kelly-Rand - RD Advisors
• Landlord: Gregory McCarthy
• Loan Type: Building & Land Acquisition

Key individuals in this transaction include Sean Kelly-Rand and Colin Kelly-Rand, representing RD Advisors as lenders, facilitating the loan for landlord Gregory McCarthy. RD Advisors is currently accepting loan requests for non-owner occupied residential and commercial properties in Massachusetts.