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SVN/Parsons Affiliate Finances Taunton Apartments Through CBRE

Jan 26, 2016 | Reprints | Unlock Link

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CBRE/New England’s Multifamily Debt and Structured Finance Group has secured acquisition financing for an apartment complex in Taunton.

The finance package is for $5.7 million toward the $7.5 million acquisition of 120 Dean St. in Taunton, known as Dean Estates, by an affiliate of SVN/Parsons Commercial Group of Boston.

The two-building, 58-unit, garden-style multifamily property was constructed in 1986. The average unit size is 947 square feet.

Senior Vice President/Partner John Kelly and Senior Financial Analyst Sam Dylag worked on behalf of the buyer.

Commercial & Industrial