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.