RMR Mortgage Trust Provides $39.2M Industrial Loan In Londonderry, N.H
FINANCED
$39,200,000
New Hampshire
See Similar DealsIndustrial117,412 SF
Financed 04/07/2021
FINANCED
RMR Mortgage Trust Provides $39.2M Industrial Loan In Londonderry, N.H
6 Rockingham Road, Londonderry, NH, USA
See Similar DealsIndustrial117,412 SF
Financed 04/07/2021
Summary
NEW HAMPSHIRE
Asset Type:Industrial
Price Per Square Foot:$333
Total Square Footage:117,412 SF
Transaction Type:Loan
The industrial property located at 6 & 219 Rockingham Road in Londonderry, N.H was involved in a closed transaction. The property, with an address in the market of Londonderry, N.H, is an industrial asset.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $39,200,000
- Lender: RMR Mortgage Trust - Tom Lorenzini
The loan for this transaction was provided by RMR Mortgage Trust. Tom Lorenzini, representing RMR Mortgage Trust, facilitated the loan amounting to $39,200,000.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$39,200,000.00
Monthly NOI$261,333.33
Monthly Debt Service$247,770.67
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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