BOSTON PRIVATE BANK CLOSES $10MM LOAN TO PROVIDE HOUSING FOR SENIORS IN EVERETT

Congratulations to Boston Private Bank & Trust Company in closing a $10MM loan for the benefit of St. Therese 9% LLC, an affiliate of The Neighborhood Developers, Inc. The proceeds of the loan will finance the acquisition of 787-801 Broadway, Everett, Massachusetts and the construction of the 9% Residential Unit of the St. Therese Condominium. The 9% Residential Unit will provide 44 units of affordable rental housing to the seniors of Everett, Massachusetts.

Share this post