MassHousing closes $35.8m in financing to Trinity Financial for redevelopment of former Worcester Courthouse
Worcester, MA MassHousing has closed on $35.8 million in affordable housing financing to Trinity Financial, for the redevelopment of the former Worcester County Courthouse in downtown.
Boston, MA Avison Young has negotiated a lease for the relocation of W2O Group’s offices. The healthcare-focused marketing communications firm will relocate its current local office at 101 Tremont St. to a 7,164 s/f space at 3 Center Plaza, owned by Synergy Investments.
Providence, RI Bank Rhode Island’s (BankRI) Commercial Real Estate Division has provided $28.4 million in financing to Cornish Associates for a major project in downtown, known as Down City II, LLC.
Warwick, RI Neil Amper, SIOR, vice president of Capstone Properties has sold a 18,400 s/f building located at 101 Hallene Rd. The facility is a trucking terminal on 2.5 acres and in close proximately to the airport.
Lynn, MA Jeffrey Munoz, vice president of NorthMarq’s Boston-based regional office, secured the $3.7 million construction loan for Andrew St. Apartments, a 32-unit class A multifamily property located at 38-44 Andrew St.
Peabody, MA Fantini & Gorga has arranged $2.5 million in first mortgage financing for a 40,861 s/f, 22 tenant office property located at 1R Newbury St.