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Fantini & Gorga Arranges $13.4 Million For Boston Multifamily Development

Aug 6, 2015 | Reprints | Unlock Link | Print

Fantini & Gorga recently took out a $13.4 million construction loan for the development of 32 apartments and 4,340 square feet of ground floor retail space on Beacon Street in Boston’s neighborhood.

The five-story building will feature 28 market-rate apartments and four affordable units, all of which feature a layout including one bedroom and a den. The units will include high-end finishes and will offer underground parking for 30 motor vehicles, with the ground floor featuring an outdoor patio area.

The Fantini & Gorga team was led by Casimir Groblewski, Tim O’Donnell and Despina Hatzipetrou, who arranged the financing with a major Massachusetts-based financial institution.

Banking & Lending