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Boston & New England  + Boston  + Apartments  |  June 18, 2021
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By: David Cohen

Fantini & Gorga Secures $5M Refinancing for Cambridge MF Property

Boston-based mortgage banking firm Fantini & Gorga has secured $5.2 million in permanent financing for a 31-unit multifamily property in the Harvard Square area of Cambridge.

Located at 1558 Massachusetts Ave., the five-story building was originally constructed in the 1920s and is directly across the street from Harvard Law School.

The loan, which was provided by Eastern Mortgage Capital, was structured with a 35-year term and a fixed interest rate. The borrower was not disclosed.

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Fantini & Gorga

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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