Fantini & Gorga has arranged $22 million in permanent financing for the redeveloped Abbot Mill in Westford, 131-until luxury apartment building.

"We are very pleased to be able to deliver attractive permanent financing to retire the construction and return developer equity on this recently stabilized property," Tim O’Donnell, principal at Fantini & Gorga, said in a statement.

O’Donnell placed the loan with Fantini & Gorga’s Managing Director Derek Coulombe.

The Abbot Mill Apartments was redeveloped out of a series of brick structures built in stages, and offering large-windowed, light-filled units in various configurations. It’s located in the Forge Village section of Westford. Incorporated into the mill structure are 103 garage parking spaces with direct access to the apartments.

The financing was placed with a regional bank.