Marcus & Millichap Capital Corp. Arranges $5M Loan For Revere Multifamily Property | 30 Park Avenue | Robert Damigella | MultiFamily | Loan

Summary

Loan

MASSACHUSETTS

MultiFamily

650 sqft

The multifamily property located at 30 Park Ave in Revere, MA has recently undergone a closed transaction. The property consists of 30 units and is situated in a thriving market. The transaction was facilitated by Robert Damigella of Marcus & Millichap Capital Corp. (MMCC).

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $5,000,000
Loan Terms: 20-year term, fixed interest rate on a 30-year amortization schedule

Robert Damigella, representing Marcus & Millichap Capital Corp. (MMCC), played a key role in securing a loan of $5,000,000 for the transaction. The loan terms include a 20-year term with a fixed interest rate on a 30-year amortization schedule.

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Players

Agents
1

Agencies
1

Robert Damigella

Senior Director

$4.3M Sold

Details

Deal Summary

FINANCED

IMAGE: Robert Damigella DATE: 08/18/2021 ADDRESS: 30 Park Ave MARKET: Revere, MA ASSET TYPE: Multifamily UNITS: 30 BROKER: Robert Damigella - Marcus & Millichap Capital Corp. (MMCC) LOAN AMOUNT: $5,000,000 LOAN TERMS: 20-year term, fixed interest rate on a 30-year amortization schedule

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Address30 Park Avenue

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