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Boston & New England  + Finance  | 

Colliers Arranges $42M Refinancing for Plymouth Apartment Project

Colliers has arranged a $42 million loan to refinance Redbrook Apartments, a 184-unit apartment community in Plymouth, MASS.

Redbrook Apartments consists of a four-building apartment community that features a suite of amenities including a resort-style pool, courtyards with firepit and immediate access to walking trails and bike paths. Redbrook Apartments is situated in the 1,400-acre Redbrook master-planned development, which will feature 1,200 homes when completed.

Jeff Black, Kevin Phelan, Sean Burke and Bryan Koop of Colliers secured the financing on behalf of the borrower, a joint venture between A.D. Makepeace Company and Campanelli, Inc. The lender was not disclosed.

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About David Cohen

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. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.