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

Property Image
FINANCED
$4,570,000

Massachusetts

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Office33,600 SF
Financed 12/31/2025
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Property Image
FINANCED

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

51 55 Franklin Street

See Similar Deals
Office33,600 SF
Financed 12/31/2025
Contact now

Summary

MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$136
Total Square Footage:33,600 SF
Transaction Type:Loan

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.

Players

85 deals$113.2M volume
LENDER

Gregory McCarthy
13 deals$19.6M volume
LANDLORD

Details

FINANCED
IMAGE: Sean Kelly-Rand DATE: 12/31/2025 ADDRESS: 51-55 Franklin Street MARKET: Boston, MA ASSET TYPE: Office ~ SF: 33,600 ~ UNITS: 11 (2 Retail & 9 Office) LENDER: Sean Kelly-Rand & Colin Kelly-Rand - RD Advisors (@RD.Advisors) LANDLORD: Gregory McCarthy LOAN AMOUNT: $4,570,000 LOAN TYPE: Building & Land Acquisition NOTE FROM LENDER: RD Advisors is accepting loan requests for non-owner occupied residential and commercial properties in Massachusetts! Submit a deal in under 5 minutes through our website (www.rd.loans)

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$4,570,000.00

Monthly NOI$30,466.67
Monthly Debt Service$28,885.51
Change in Cash Flow$0.00
Refinance Proceeds$0.00