Updated Jun 6, 2025
Cambridge Savings Bank Provides $20M Loan For School In Hingham, MA
75 Recreation Park Drive, Hingham, Massachusetts 02043, United States
$20,000,000
Building Size
—
Asset Type
Other
Closing
Jul 6, 2022
About this deal
AI
The school located at 75 Recreation Park Dr in Hingham, MA has recently closed a loan transaction. The loan was provided by Cambridge Savings Bank, with Jessica Kouyoumjian representing the bank in the deal. The loan amount was $20,000,000.
Summary of transaction details
- Property Type: School
- Transaction Amount: $20,000,000
- Lender: Cambridge Savings Bank - Jessica Kouyoumjian
- Address: 75 Recreation Park Dr
- Market: Hingham, MA
This transaction highlights the involvement of Jessica Kouyoumjian, a representative from Cambridge Savings Bank, in securing the loan for the school located at 75 Recreation Park Dr in Hingham, MA.
Players
Hingham Other Market Snapshot
Boundary boundary · Other · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93