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The Procopio Companies Closes Equity Raise for Haverhill Mixed-Use Project
The Procopio Companies, a real estate development and construction management firm, has successfully closed the equity raise for The Beck, a mixed-use project in Haverhill, MA.
The Beck development will feature a five-story, 290-unit mixed-use multifamily building with retail space and will be located adjacent to the Bradford Station along the MBTA Commuter Rail. Additionally, a new 1.4-acre public waterfront park with amenities, including an amphitheater, playground, and splashpad, as well as a 1,700-foot-long riverwalk, will be constructed as part of the project.
Boston Andes Capital, a private equity real estate investment firm, assisted the Procopio team in achieving this milestone. Construction is already underway, with an estimated completion date in April 2025.
- ◦Financing
