August 13, 2019 Comments (0) Views: 222 Boston, Boston New England News

Cornerstone Realty Arranges $13M Refinancing for Two Fenway Apartment Properties

Cornerstone Realty Capital arranged a $13.5 million loan to refinance two apartment properties in Boston’s Fenway neighborhood.

The two properties include a total of 47 units with a mix of studios to three bedrooms. The majority of apartments have recently been renovated to include modern finishes, while the flooring in common areas was recently updated as well. All units include wood cabinetry and hardwood flooring throughout, while select units also include granite countertops and an in-unit dishwasher.

Paul Natalizio of Cornerstone secured the financing on behalf of the undisclosed borrower through a national lender.

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