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Norwood Bank Provides $7.9M Refinance Loan For Retail Property On Washington St

884 Washington Street
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This Retail property located in MA received a loan of $7,988,000 almost 4 years ago. The broker of the deal was Robert Damigella

Located at 884 Washington Street in Norwood, MA, this retail property recently underwent a refinancing transaction. The loan amount for this deal was $7,988,000, provided by Norwood Bank.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $7,988,000
  • Loan Type: Refinance
  • Loan Terms: 3.75% Fixed Interest | 25-Year Loan
  • Lender: Norwood Bank
  • Broker: Robert Damigella - Marcus & Millichap Boston

Represented by Robert Damigella from Marcus & Millichap Boston, this refinancing deal for the retail property on 884 Washington Street in Norwood, MA was successfully executed, securing a loan with a fixed interest rate of 3.75% over a 25-year term.

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Deals
  • Location
    884 Washington Street, Norwood, Massachusetts, USA884 Washington Street, Norwood, Massachusetts, USA
  • Loan Value
    $7,988,000$7,988,000
  • Asset Type
    RetailRetail
  • Parties
    1 Broker, 1 Agency, 1 Lender1 Broker, 1 Agency, 1 Lender

Agent

Robert Damigella

Robert Damigella

Deals10
Financed$66.9M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

Norwood Bank

Norwood Bank

Lender
Deals2
Volume$ 142.3M

Social

Deal Summary

LOAN IMAGE: Robert Damigella DATE: 05/24/2021 ADDRESS: 884 Washington Street MARKET: Norwood, MA ASSET TYPE: Retail LENDER: Norwood Bank BROKER: Robert Damigella - Marcus & Millichap Boston (@MarcusMillichap_Boston) LOAN AMOUNT: $7,988,000 LOAN TYPE: Refinance LOAN TERMS: 3.75% Fixed Interest | 25-Year Loan

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884 Washington Street

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