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26 John Street

Updated Oct 28, 2024

RD Advisors Provides $1.41M Acquisition Loan For Multifamily Property In Newton, MA
SOLD

RD Advisors Provides $1.41M Acquisition Loan For Multifamily Property In Newton, MA

26 John Street

Building Size

Asset Type

Closing

Aug 9, 2022

About this deal

AI

The multifamily property located at 26 John Street in Newton, MA has recently undergone a closed transaction. The deal was supported by RD Advisors, a lender specializing in non-owner occupied residential and commercial properties in Massachusetts. The loan request for this acquisition was successfully processed by RD Advisors, with a loan amount of $1,410,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,410,000
  • Lender: RD Advisors - Sean Kelly-Rand
  • Loan Type: Acquisition

RD Advisors, led by Sean Kelly-Rand, is a trusted name in the lending industry, offering financing solutions for non-owner occupied residential and commercial properties. Their expertise and efficient loan processing system ensure a seamless experience for borrowers in Massachusetts. RD Advisors is dedicated to providing fast and reliable funding, helping investors and property owners achieve their financial goals.

For non-owner occupied residential and commercial property financing needs in Massachusetts, individuals and businesses can reach out to RD Advisors through their website at www.rd.loans. Their streamlined process allows borrowers to submit a deal request in under 5 minutes, facilitating a quick and efficient loan application.

Players

Sean Kelly-Rand

RD Advisors

Lender

$114.3M

vol

86 deals

Lender

Brampton CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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