JLL Capital Markets has arranged an $870 million construction loan for the first phase of the South Station redevelopment, which comprises a 1.2 million s/f, 51-story mixed-use tower that will be built at the city’s South StationTewksbury, MA
Fantini & Gorga has placed $22.5 million financing of a stabilized multifamily community. Derek Coulombe, senior managing director at Fantini & Gorga structured and placed the financingFitchburg, MA
MassHousing has provided $14.4 million in affordable housing financing to an affiliate of the Barkan Companies, to extend the affordability of the Fitchburg Green affordable housing community, Bedford, NH
Mike Marcone of Marcone Capital, Inc. has arranged the $7.8 million financing of Independence Place, a property consisting of a high quality, two story, 102,538 s/f medical and general office building.
PGIM Real Estate Financing has completed $12.4 million in HUD 223(F) – Early Rate-Lock refinancing to Mansfield Apartments I, LLC for The Village at Cedar Heights. The property is located 10 Connors Ave.Boston, MA
On behalf of Center Court Mass, LLC, Newmark Knight Frank (NKF) has arranged a $173 million loan to refinance the Archer Residences, a 62-unit luxury condominium projectBrookline, MA
Cornerstone Realty Capital arranged $4.7 million for the refinance of an apartment building located in the desirable Coolidge Corner neighborhood. The property features 18 residential apartments consisting of four studio unitsSomerville, MA
JLL has arranged $53.8 million in construction financing in the form of a participating mortgage for the development of Cambria Somerville-Cambridge, a new 163-room, full-service hotel.
CBRE has secured $37.2 million in financing to assist with the acquisition of Alta Easterly, a 157-unit apartment community located at 1100 Cricket Ln.Revere, MA
MassHousing has committed $7.9 million in affordable housing financing to the non-profit The Neighborhood Developers (TND) for the construction of the 571 Revere St. The MassHousing financing will allow TND to construct 51 units of new affordable housing for households across a broad range of incomes, including 19 new workforce housing units.