Chestnut Holdings obtained financing of $10M from JPMorgan Chase Bank

September 5, 2019 5:54 am

Chestnut Holdings through the entity Morris 1 LLC as borrower signed a loan agreement with lender JPMorgan Chase Bank, N.A. valued at $10.4 million for 2 parcels, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 105 residential units at 1185 Morris Avenue, 1175 Morris Avenue in Longwood Melrose. The deal closed on August 27, 2019 and was recorded on September 04, 2019.
The property contains a total of 45,416 square feet of built space.
The average loan per unit is $99,429.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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