Mortgage banking firm Fantini & Gorga has secured a $19.9 million loan for the construction of Millside at Heritage Park, a 60-unit multifamily project in Canton, MA.
The age-restricted community is slated to offer one- and two-bedroom units which will average 1,076 square feet. Approximately 25% of the units at the community will be reserved for households earning 80% or less of the area median income. The property will consist of a four-level complex with underground and surface parking for vehicles.
Casimir Groblewski and Lindsay Feig of Fantini & Gorga arranged the loan through lenders HarborOne Bank and Bristol County Savings Bank on behalf of the borrower, 104 Revere Street LLC.
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles.
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