by Lindsay Eimert | May 25, 2021 | Affordable Housing, News, News & Events, Non-Profit Organizations, Projects
Congratulations to Coalition for a Better Acre, Inc. on the ceremonial groundbreaking for Dracut Centre School, a new 9-unit affordable residential building in the historic school building at 11 Spring Park Avenue, Dracut, Massachusetts. On April 15, 2021, Coalition...
by Lindsay Eimert | Apr 20, 2021 | Affordable Housing, MultiFamily Housing, News & Events, Projects
Congratulations to Coalition for a Better Acre, Inc. in closing the financing of Dracut Centre School, which will finance the rehabilitation of the historic school building located at 11 Spring Park Avenue in Dracut. Through financing from Pentucket Bank and several...
by Lindsay Eimert | Apr 16, 2021 | Affordable Housing, News & Events, Projects
Congratulations to Boston Private Bank & Trust Company in closing a $2,335,000 loan for the benefit of Broadway Everett TND LLC, an affiliate of The Neighborhood Developers, Inc. The proceeds of the loan will finance the acquisition of 10-20 Gledhill Avenue,...
by Lindsay Eimert | Feb 21, 2021 | Affordable Housing, News & Events, Projects
Congratulations to Harborlight Community Partners, Inc. in closing a $9,758,000.00 loan from ORIX Real Estate Capital, LLC in order to refinance the property at Turtle Creek Apartments. Turtle Creek Apartments provides 109 units of affordable rental housing for...
by Lindsay Eimert | Jan 29, 2021 | Affordable Housing, MultiFamily Housing, News, News & Events, Projects, Uncategorized
Congratulations to the Life Insurance Community Investment Initiative in closing a $10.1MM loan for the benefit of 92 Grand Street Commons LLC, an affiliate of Main South Community Development Corporation. The proceeds of the loan will finance the acquisition and...
by Lindsay Eimert | Dec 2, 2020 | Affordable Housing, MultiFamily Housing, News & Events, Projects, Tax Credit/Bond Transactions
Congratulations to Eastern Bank in closing a $10.5MM loan for the benefit of Cabot Housing LLC, an affiliate of the Young Men’s Christian Association of the North Shore, Inc. Eastern Bank purchased tax exempt bonds from Massachusetts Development Finance Agency and...