521 Unit Apartment Complex, Peabody, MA
![521 Unit Apartment Complex, Peabody, MA transaction image](https://cornerstonerc.com/images/uploads/terrace-estates-th.png)
{ Peabody, MA }
$30,900,000
Insurance Company
LTV: 60%
Cornerstone placed $30,900,000 for the refinancing of a 521-unit apartment complex which sits on an approximately34-acre site in Peabody, MA. A national insurance company provided a low fixed rate interest only loan at 60% LTV.