Chestnut Holdings obtained financing of $7M from JPMorgan Chase Bank

Chestnut Holdings through the entity 1200 C. LLC as borrower signed a loan agreement with lender JPMorgan Chase Bank, Na valued at $7.0 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 72 residential units at 1200 College Avenue in Longwood Melrose. The deal closed on August 26, 2019 and was recorded on September 09, 2019.
The property contains a total of 82,600 square feet of built space.
The average loan per unit is $96,875.
The last time the property sold was May 22, 2007, for $5,150,000.

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

Share this article