Christopher J. Roche Of Crowd Lending Inc. Provides $6 Million Loan For Development Site In East Greenwich
0 Greenwich Boulevard
$6,000,000
Building Size
—
Asset Type
Development Site
Closing
Jan 12, 2026
AI
The asset involved in this transaction is a development site located at 0 Greenwich Boulevard in East Greenwich, RI. This property is associated with a loan amount of $6,000,000 and is classified as a refinance loan with a term of one year.
Summary of transation details:
- Property Type: Development Site
- Transaction Amount: $6,000,000
- Lender: Christopher J. Roche - Crowd Lending Inc.
- Lender's Representative: Christopher J. Roche
- Loan Type: Refinance
- Loan Terms: One Year
Christopher J. Roche, representing Crowd Lending Inc., facilitated the loan for this development site. Crowd Lending, Inc. specializes in providing fast and flexible funding solutions for real estate investors across Massachusetts, Rhode Island, and New Hampshire, particularly focusing on the acquisition and renovation of investment properties.
Players
East Greenwich Development Site Market Snapshot
Boundary boundary · Development Site · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93