Scott Green Secures $1.265M Bridge Loan For Single-Family Homes Development In Medford MA

The property asset involved in this transaction is a single-family residence located at 70 Tainter Street, Medford, MA, with a total square footage of 3,450. The loan amount provided for this asset is $1,265,000, classified as a bridge loan.

Summary of transaction details:

• Property Type: SFR
• Transaction Amount: $1,265,000
• Lender: Eli Rofeim & Sean Kelly-Rand - RD Advisors
• Landlord: Scott Green
• Loan Type: Bridge

This transaction involves the development of two single-family homes by the developer, which is a key aspect of the project. RD Advisors emphasizes that they are accepting loan requests for non-owner occupied residential and commercial properties in Massachusetts.