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Fantini & Gorga Arranges $12M For RI Townhouses

Jun 21, 2013 | Reprints | Unlock Link

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Millcreek Townhouses Boston-based Fantini & Gorga recently arranged a $12 million long-term permanent refinancing for a 140-unit multifamily property in North Kingstown, RI.

Managing Director Casimir Groblewski placed the refinancing with a Massachusetts-based financial institution on behalf of Millcreek LLC, an affiliate of the Grossman Cos.

The property, Millcreek Townhouses, is located on 46 acres in the Quonset Point neighborhood of North Kingstown.

"There was strong interest from a variety of lenders for the chance to lend on this asset, and the outcome was a very competitive, long-term facility from a Massachusetts-based financial institution. We were pleased to have been able to represent our client in this transaction," Groblewski said in a statement.

Commercial & Industrial