Rhino Capital Advisors LLC Secures $10.35M Loan For Fall River Data Center With Cambridge Savings Bank

A data center located at 456 Bedford Street in Fall River has been involved in a recent closed transaction. The transaction was facilitated by Rhino Capital Advisors LLC as the borrower and Cambridge Savings Bank, represented by Wayne Patenaude, as the lender. The loan amount for this transaction was $10,350,000, and the total square footage of the data center is 199,902 square feet.

Summary of transaction details

• Property Type: Data Center
• Transaction Amount: $10,350,000
• Address: 456 Bedford Street
• Market: Fall River
• Borrower: Rhino Capital Advisors LLC
• Lender: Cambridge Savings Bank - Wayne Patenaude
• Loan Image: Wayne Patenaude & Brett Paulsrud

Brokers Brett Paulsrud and Madeline Joyce of JLL Capital Markets were also involved in the transaction, representing the borrower and lender respectively. The data center, located in Fall River, presents a significant investment opportunity in the growing market. The involvement of Rhino Capital Advisors LLC as the borrower highlights their strategic focus on expanding their data center portfolio. Cambridge Savings Bank, represented by Wayne Patenaude, demonstrated their confidence in the project by providing the loan to facilitate the transaction.