Affordable Housing

PARCEL 24

Our partners represented a consortium of state insurance companies in providing mezzanine financing for the development of Parcel 24 in Boston’ s Chinatown as a 10-story, 95-unit Low Income Housing Tax Credit development with 4,800 square foot of first floor commercial space as part of a mixed income project including a 217-unit market rate rental building, a 135-space underground parking garage and a 13,000 square foot park.

OLYMPIA OAKS

Our partners jointly represented the permanent and construction lenders in a OneSource loan for the Olympia Oaks project, a 42 unit, energy efficient rental complex with one, two and three bedroom family rental housing development in Amherst, Massachusetts.