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145 Portsmouth Avenue

Laine Chase Secures $1,150,000 Loan For Retail Property At 145 Portsmouth Avenue In Stratham, NH
FINANCEDRetail

Laine Chase Secures $1,150,000 Loan For Retail Property At 145 Portsmouth Avenue In Stratham, NH

145 Portsmouth Avenue

$1,150,000

$63/SF

Building Size

18,000 SF

Asset Type

Retail

Closing

Jun 3, 2026

AI

The property asset involved in this transaction is a retail space located at 145 Portsmouth Avenue in Stratham, NH, covering a square footage of 18,000. The acquisition loan for this property amounts to $1,150,000.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,150,000
  • Lender: Sean Kelly-Rand - RD Advisors
  • Landlord: Laine Chase
  • Loan Type: Acquisition
  • Market: Stratham, NH

This transaction involves Sean Kelly-Rand representing RD Advisors as the lender, providing the acquisition financing. Laine Chase is noted as the landlord in this deal, highlighting the key roles of the individuals and entities involved in facilitating the transaction.

Players

Sean Kelly-Rand

RD Advisors

Lender

$114.3M

vol

86 deals

Lender

Stratham 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

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93