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Finance
Posted: February 10, 2023
Fantini & Gorga arranges $41million financing for Woodfield Commons
Canton, MA Fantini & Gorga has arranged $41 million in acquisition financing on behalf of its client, MCG Canton Arboretum, LLC, a leading multifamily investment and management firm based in Boston. MCG Canton purchased Woodfield Commons, a 156-unit residential community. Senior managing director Casimir Groblewski and analyst Colin Monahan arranged the financing with a major Massachusetts-based lending institution.
Woodfield Commons consists of six residential buildings and a clubhouse on a 40.2 acre parcel. Constructed in 1990 as a 40B development, Woodfield Commons presents a value add opportunity for the new owner. The complex benefits from its location off Rte. 138 and close to I-95. The town offers its residents a high quality of life experience, excellent schools, and myriad public amenities.
Groblewski said, “The lender was willing to meet our client’s specific requirements, and we were able to negotiate a favorable and flexible financing package.”
Monahan said, “The lender’s team executed in a timely and professional manner.”
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