Colin Kelly-Rand & Sean Kelly-Rand Of RD Advisors Provide $1.4M Construction Loan For Retail In Newton
80 Union Street
$1,400,000
$560/SF
Building Size
2,500 SF
Asset Type
Retail
Closing
Sep 3, 2025
AI
The property asset involved in this transaction is a retail space, located at 80 Union Street in Newton, MA. It encompasses a total area of 2,500 square feet and secures a loan amount of $1,400,000 designated for construction purposes.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,400,000
- Lender: Colin Kelly-Rand & Sean Kelly-Rand - RD Advisors
- Landlord: Anthony Orville Killough
- Loan Type: Construction
- Date: 9/03/2025
This transaction features Colin Kelly-Rand and Sean Kelly-Rand as the lenders, representing RD Advisors, who are currently accepting loan requests for non-owner occupied residential and commercial properties in Massachusetts. The landlord involved in this deal is Anthony Orville Killough.
Players
Newton Center Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93