Norwood Bank Provides $7.9M Refinance Loan For Retail Property On Washington St

Located at 884 Washington Street in Norwood, MA, this retail property recently underwent a refinancing transaction. The loan amount for this deal was $7,988,000, provided by Norwood Bank.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7,988,000
• Loan Type: Refinance
• Loan Terms: 3.75% Fixed Interest | 25-Year Loan
• Lender: Norwood Bank
• Broker: Robert Damigella - Marcus & Millichap Boston

Represented by Robert Damigella from Marcus & Millichap Boston, this refinancing deal for the retail property on 884 Washington Street in Norwood, MA was successfully executed, securing a loan with a fixed interest rate of 3.75% over a 25-year term.