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Cornerstone Realty Capital Secures $10.25M Refinance Loan For Mixed-Use Property At 54-72 Summer St, Malden, MA

54-72 Summer Street
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This Mixed-use property located in MA received a loan of $10,250,000 over 1 year ago. The broker of the deal was Andrew Saccone

A mixed-use property located at 54-72 Summer St in Malden, MA has recently undergone a refinancing transaction. The property spans a total of 28,650 square feet and comprises 65 units. The transaction was facilitated by Cornerstone Realty Capital, with Andrew Saccone representing the buyer.

Summary of transaction details

  • Property Type: Mixed use
  • Transaction Amount: $10,250,000
  • Address: 54-72 Summer St, Malden, MA
  • Market: Malden, MA
  • Square Footage: 28,650
  • Units: 65

The refinancing loan for the property amounted to $10,250,000. Cornerstone Realty Capital, with Andrew Saccone as the representative, was responsible for facilitating the loan transaction.

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Deals
  • Location
    54 Summer St, Malden, Massachusetts 02148, United States54 Summer St, Malden, Massachusetts 02148, United States
  • Loan Value
    $10,250,000$10,250,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Andrew Saccone

Andrew Saccone

Deals3
Financed$30.6M

Agency

Cornerstone Realty Capital

Cornerstone Realty Capital

Agency
Deals3
Volume$30.6M

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Deal Summary

LOAN IMAGE: Andrew Saccone DATE: 09/16/2022 ADDRESS: 54-72 Summer St MARKET: Malden, MA ASSET TYPE: Mixed use ~ SF: 28,650 ~ UNITS: 65 BROKERS: Cornerstone Realty Capital (@CornerstoneRealtyCapital) - Andrew Saccone LOAN AMOUNT: $10,250,000 LOAN TYPE: Refinance

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54-72 Summer Street

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