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Fantini & Gorga Arranges $5.5M Financing For West Bridgewater Multifamily Development

Jun 23, 2014 | Reprints | Unlock Link | Print

Turn at River Bend Boston-based Fantini & Gorga has arranged a $5.5 million financing package for the creation of a multifamily development project to in West Bridgewater.

The Turn at River Bend, a rental project, is located on SR 106 between South Main and East Streets. It will consist of four buildings, each with three stories and twelve one- and two-bedroom apartments, sited around a central courtyard and parking field. One quarter of the units will be affordable.

Casimir Groblewski, senior managing director, arranged the financing for the project with a Massachusetts-based cooperative bank. The borrower is 322 East Center Street LLC, an affiliate of The Battaglino Family Limited Partnership, which also owns the adjacent River Bend Country Club. P.J.

Cincotta Inc. is the project manager and Grazado Velleco Architects designed the project. Construction is expected to begin this month.

Commercial