Berkshire Bank Provides $65.1M Loan For Multifamily Property At 75 Canal Street In Manchester, NH
FINANCED
$65,100,000
+ 1
New Hampshire
See Similar DealsMultiFamily
Financed 11/30/2022
FINANCED
Berkshire Bank Provides $65.1M Loan For Multifamily Property At 75 Canal Street In Manchester, NH
75 Canal Street, Manchester, New Hampshire 03101, United States
See Similar DealsMultiFamily
Financed 11/30/2022
+ 1
Summary
NEW HAMPSHIRE
Asset Type:MultiFamily
Transaction Type:Loan
Located at 75 Canal Street in Manchester, NH, this multifamily property consists of 250 units. The transaction took place on November 30, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $65,100,000
- Market: Manchester, NH
- Lender: Berkshire Bank
- Landlord: Jones Street Investment Partners
- Brokers: Jeff Black, John Broderick, Sean Burke & Bryan Koop - Colliers
The loan for this transaction was provided by Berkshire Bank. Representing the landlord, Jones Street Investment Partners, the brokers involved in the deal were Jeff Black, John Broderick, Sean Burke, and Bryan Koop from Colliers.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$65,100,000.00
Monthly NOI$434,000.00
Monthly Debt Service$411,476.28
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions