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.
HOUSING CORPORATION OF ARLINGTON FINANCES DOWNING SQUARE INITIATIVE
Congratulations to the Housing Corporation of Arlington in closing the Downing Square Initiative, which will finance the demolition and reconstruction of buildings located at 117 Broadway, 19R Park Avenue, and 0 Lowell Street, Arlington, Massachusetts. Through...
