Retirement Housing Foundation Acquires 100-Unit Multifamily Property In Attleboro, MA For $8.4M

The multifamily property located at 1101 Hillside Avenue in Attleboro, MA has recently undergone a closed transaction. The property consists of 100 units and was involved in a loan arrangement. The borrower for this transaction was Retirement Housing Foundation (RHF) represented by Laverne Joseph and The Schochet Companies represented by Richard Henken. On the lending side, the Community Economic Development Assistance Corporation (CEDAC) and Eastern Bank provided the loan. The loan amount for this transaction was $8,400,000.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $8,400,000

Leading the deal, Laverne Joseph from Retirement Housing Foundation and Richard Henken from The Schochet Companies played crucial roles in representing the borrower. On the other side, Community Economic Development Assistance Corporation (CEDAC) and Roger Herzog from Eastern Bank represented the lenders.