Updated Sep 25, 2026
Sean Kelly-Rand Of RD Advisors Lends $7.8 Million For Acquisition Of Office In Boston
85 Devonshire Street
$7,800,000
$2,186/SF
Building Size
3,567 SF
Asset Type
Office
Closing
Aug 25, 2026
About this deal
AI
The property involved in this transaction is an office asset located at 85 Devonshire Street in Boston, MA, with a total square footage of 91,506. The loan amount for the acquisition of this asset is $7,800,000.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $7,800,000
- Lender: Sean Kelly-Rand - RD Advisors
- Borrower: Gregory McCarthy
- Loan Type: Acquisition
This deal involves Sean Kelly-Rand representing RD Advisors, which is currently accepting loan requests for non-owner occupied residential and commercial properties in Massachusetts. They are offering both senior and mezzanine capital to support more of the capital stack under one relationship.
On the Map
$7,800,000
$2,186/SF
Office
View full map
Players
Boston Office Market Snapshot
Boundary boundary · Office · Loan transactions
Loading comparables…
Deal FAQ
Visit Gregory McCarthy to view all their deals.
Browse Boston office loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.03%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93