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Marcus & Millichap Capital Corporation (MMCC) Refinances A 46-unit Multifamily Property At 44 Byron Street, Worcester, MA With A $5,175,000 Loan

44 Byron Street
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This MultiFamily property located in MA received a loan of $5,175,000 over 2 years ago. The broker of the deal was Robert Damigella

The multfamily property located at 44 Byron Street in Worcester, MA has recently undergone a loan refinancing transaction. The property consists of 46 units and is part of the Worcester market.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $5,175,000
  • Loan Type: Refinance
  • Loan Terms: 10-year loan, fixed interest rate of 3.5%, 30-year amortization schedule

The loan for this transaction was facilitated by Robert Damigella from Marcus & Millichap Capital Corporation (MMCC). The loan amount of $5,175,000 was secured to refinance the property. The 10-year loan has a fixed interest rate of 3.5% and follows a 30-year amortization schedule.

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Deals
  • Location
    44 Byron Street, Worcester, MA 0160644 Byron Street, Worcester, MA 01606
  • Loan Value
    $5,175,000$5,175,000
  • 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: 09/30/3032 ADDRESS: 44 Byron Street MARKET: Worcester, MA ASSET TYPE: Multifamily ~ UNITS: 46 BROKER: Robert Damigella - Marcus & Millichap Capital Corporation (MMCC) LOAN AMOUNT: $5,175,000 LOAN TYPE: Refinance LOAN TERMS: the 10-year loan, fixed interest rate of 3.5%, 30-year amortization schedule

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44 Byron Street

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