82-Unit Apartment Portfolio, Boston, MA

82-Unit Apartment Portfolio, Boston, MA transaction image

{  Boston, MA  }

$24,350,000

National Lender

LTV: 67%

Cornerstone provided $24,350,000 for the refinance of an 82-unit apartment portfolio located in Boston’s Symphony Hall neighborhood. A national banking institution provided a non-recourse loan at 67% of the appraised value of the property. The interest rate is fixed for the entirety of the term.