Weston, MA Polymath Development, LLC has secured $5 million in financing from Rockland Trust to support the development and construction of Kendal Village, a new 16-unit residential apartment and townhouse community.
New Britain, CT Arrow Real Estate Advisors, a real estate finance advisory firm, has completed the closing of a $20.58 million Fannie Mae refinance for Springwood Gardens, a 176-unit multifamily property located at 192 Allen St. The loan was arranged by Morris Betesh,
Hartford, CT According to the Connecticut Green Bank, eight affordable multifamily housing properties are moving forward as the first round of projects under the Solar Marketplace Assistance Program Plus (Solar MAP+),
Cambridge, MA JLL Capital Markets has arranged $23 million senior financing for 1008 Mass Ave., a 65-unit luxury multifamily property. JLL represented the borrower with support from Boston Residential Group, LLC
Revere, MA The HYM Investment Group (HYM), Cathexis Holdings, LP (Cathexis), the city, Related Fund Management, and Suffolk celebrated the official groundbreaking of Portico, the second multifamily building at Suffolk Downs.
Boston, MA Bruner/Cott Architects has transformed a former asphalt parking lot in Chinatown into the Pok Oi Residences. This six-story affordable housing development combines environmental performance
Watertown, MA Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler, completed the sale of Watertown Mews, a 206-unit apartment community.
Marlborough, MA According to Maugel DeStefano Architects, the first building at Vesa, a 140-unit apartment community, is now open. Serving as the architect of record, Maugel DeStefano collaborated with developer Procopio Companies,
Providence, RI WinnDevelopment, the development arm of WinnCompanies, completed a $29.3 million project to preserve and renovate 17 townhouse-style buildings at Lockwood Plaza Apartments, as part of a deal that also extended affordability guarantees for 40 years.
Newmarket, NH Elm Grove Companies and Harborfields Realty Investors LLC have closed a $2.1 million supplemental loan on Wadleigh Falls, a 57-unit age-restricted (55+) community located at 290 Wadleigh Falls Rd. Patrick Brady, president of Brady Capital Advisors, brokered the loan through Eastern Bank
Lynn, MA North Shore Realty Advisors Inc. has completed the sale of 148 Liberty St. The property is located in downtown and is a brick four-story elevator apartment building consisting of 24 residential units.
Arlington, MA Marcus & Millichap completed the sale of Mystic Grove Apartments, a 60-unit apartment complex. The property sold for $20.5 million, or $341,667 per unit.