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Boston & New England  + Metro Boston  + Office  |  May 19, 2021
David Cohen
By: David Cohen

LV Lending Provides $2M Acquisition Loan for Northampton MXU Property

Miami-based private lender LV Lending has provided a $2.4 million acquisition loan for a former rehabilitation center located at 737 Bridge Rd. in Northampton, MASS.

The property includes a two-story building with 84 rooms and 25,000 square feet of office space. Pointer Fund LLC acquired the property for approximately $1.9 million from Bais Pinchos, a New Jersey-based non-profit corporation. The site is located just off Interstate 91 and State Route 5 at the Corner of Bridge Road and Hartfield Street.

Camilo Niño, Ricardo Uribe, and Alen Hernandez of LV Lending arranged the financing on behalf of the borrower, Pointer Fund LLC.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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