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November 19, 2020 Comments (0) Views: 389 Boston New England News, Metro Boston

Fantini & Gorga Secures $20M Construction Loan for Canton MF Project

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Mortgage banking firm Fantini & Gorga has secured a $19.9 million loan for the construction of Millside at Heritage Park, a 60-unit multifamily project in Canton, MA.

The age-restricted community is slated to offer one- and two-bedroom units which will average 1,076 square feet. Approximately 25% of the units at the community will be reserved for households earning 80% or less of the area median income. The property will consist of a four-level complex with underground and surface parking for vehicles.

Casimir Groblewski and Lindsay Feig of Fantini & Gorga arranged the loan through lenders HarborOne Bank and Bristol County Savings Bank on behalf of the borrower, 104 Revere Street LLC.

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