Eastern Mortgage Capital Provides $38 Million Permanent Financing For Multifamily Property In Groton, CT

The multifamily property located at 600 Meridian St Ext in Groton, CT has recently undergone a closed transaction. Situated on a vast land area measuring approximately 30 acres, this property comprises a total of 324 units.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $38,000,000
• Address: 600 Meridian St Ext, Groton, CT
• Market: Groton, CT
• Units: 324
• Acres: 30

The lender responsible for financing this transaction is Eastern Mortgage Capital. Tim O'Donnell, representing Fantini & Gorga, assisted in brokering the deal.

This permanent financing loan of $38,000,000 has enabled the successful completion of the transaction.