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HarborOne Bank Provides $19.6M Acquisition Financing For Boston Parking Garage

14-40 Beach Street
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This Other property located in MA received a loan of $19,600,000 over 1 year ago. The brokers of the deal were Greg LaBine and Amy Lousararian

A parking garage located at 14-40 Beach St in Boston, MA has been involved in a recent transaction. The property spans approximately 149,000 square feet and is owned by Neighborhood Property Group.

Summary of transation details

  • Property Type: Parking Garage
  • Transaction Amount: $19,600,000
  • Date: 09/08/2022
  • Market: Boston, MA

The loan for this transaction was provided by HarborOne Bank. It is an acquisition financing loan with a five-year, fixed-rate term. The brokers involved in the deal are Greg LaBine and Amy Lousararian from JLL.

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Deals
  • Location
    14-40 Beach Street, Boston, Massachusetts 02111, United States14-40 Beach Street, Boston, Massachusetts 02111, United States
  • Loan Value
    $19,600,000$19,600,000
  • Asset Type
    OtherOther
  • Parties
    2 Brokers, 1 Agency, 1 Lender2 Brokers, 1 Agency, 1 Lender

Agents

Greg LaBine

Greg LaBine

Deals3
Financed$639.9M

Amy Lousararian

Amy Lousararian

Deals7
Financed$699.6M

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

HarborOne Bank

HarborOne Bank

Lender
Deals4
Volume$ 5.2B

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Deal Summary

LOAN IMAGE: Greg LaBine & Amy Lousararian DATE: 09/08/2022 ADDRESS: 14-40 Beach St MARKET: Boston, MA ASSET TYPE: Parking Garage ~ SF: 149,000 LENDER: HarborOne Bank LANDLORD: Neighborhood Property Group BROKERS: Greg LaBine & Amy Lousararian - JLL (@JLL) LOAN AMOUNT: $19,600,000 LOAN TYPE: Acquisition Financing LOAN TERM: Five-year, fixed-rate loan

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14-40 Beach Street

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