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Boston & New England  + Boston  + Finance  |  August 13, 2019
David Cohen
By: David Cohen

Cornerstone Realty Arranges $13M Refinancing for Two Fenway Apartment Properties

Cornerstone Realty Capital arranged a $13.5 million loan to refinance two apartment properties in Boston’s Fenway neighborhood.

The two properties include a total of 47 units with a mix of studios to three bedrooms. The majority of apartments have recently been renovated to include modern finishes, while the flooring in common areas was recently updated as well. All units include wood cabinetry and hardwood flooring throughout, while select units also include granite countertops and an in-unit dishwasher.

Paul Natalizio of Cornerstone secured the financing on behalf of the undisclosed borrower through a national lender.

For comments, questions or concerns, please contact David Cohen

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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.
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