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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.