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Robert Damigella Secures $1.35M Loan For Multifamily Property On Angell Street In Providence, RI

217 Angell Street
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This MultiFamily property located in RI received a loan of $1,350,000 almost 3 years ago. The broker of the deal was Robert Damigella

The multifamily property located at 217 Angell Street in Providence, RI has recently undergone a closed transaction. The property consists of 9 units and has been the subject of a loan. No additional information is available regarding the property's characteristics or market value.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,350,000
  • Loan Amount: $1,350,000
  • Loan Terms: 14-year loan, features a fixed interest rate of 3.6% for 7 years and a 30-year amortization schedule
  • Broker: Robert Damigella - Marcus & Millichap Capital Corporation

The loan for this transaction amounts to $1,350,000 and features a fixed interest rate of 3.6% for the first 7 years. The loan has a 14-year term and follows a 30-year amortization schedule. Robert Damigella, representing Marcus & Millichap Capital Corporation, acted as the broker for this deal.

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Deals
  • Location
    217 Angell Street, Providence, RI 02906217 Angell Street, Providence, RI 02906
  • Loan Value
    $1,350,000$1,350,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Robert Damigella

Robert Damigella

Deals10
Financed$66.9M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

LOAN IMAGE: Robert Damigella DATE: 04/01/2021 ADDRESS: 217 Angell Street MARKET: Providence, RI ASSET TYPE: Multifamily UNITS: 9 BROKER: Robert Damigella - Marcus & Millichap Capital Corporation LOAN AMOUNT: $1,350,000 LOAN TERMS: 14-year loan, features a fixed interest rate of 3.6% for 7 years and a 30-year amortization schedule.

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217 Angell Street

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