Seventy-Two Gardner Limited Partnership has received $7.5 million to refinance a multifamily property in Boston’s Allston neighborhood.
Cornerstone Realty Capital arranged the financing for 33-unit apartment building. The property houses one one-bedroom, seven two-bedroom, seven three-bedroom and 18 four-bedroom units.
“Having worked with the borrower in the past, we were well aware of their strengths and management expertise,” Cornerstone President Paul Natalizio said in a statement. “Our past experience along with the location of the asset allowed Cornerstone to deliver the most competitive pricing and structure in the market.”