Updated Mar 11, 2025
Meridian Capital Group Secures $32.5M CMBS Refinance Loan For Nashua Mall
$32,500,000
$104/SF
Building Size
310,420 SF
Asset Type
Retail
Closing
Feb 28, 2024
About this deal
AI
The Nashua Mall in Nashua, NH, spanning 310,420 square feet, secured a $32,500,000 CMBS refinance loan from UBS. The loan features a 10-year term, with the first 3 years being interest-only.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $32,500,000
- Address: Nashua Mall
- Market: Nashua, NH
Meridian Capital Group's brokers, Paul Gilbert and Mark Nussbaum, played a pivotal role in facilitating the loan transaction for the retail property. Their expertise and representation were instrumental in securing the financing deal.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
Loading comparables…
Deal FAQ
Visit Mark Nussbaum to view all their deals.
Browse New Hampshire retail loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.49%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93