Colliers Secures $62M Refinancing For 230-Unit Apartment Complex In East Boston

The multifamily property involved in the transaction is located at 144 Addison Street in East Boston, MA. The property consists of 230 units and has undergone a refinancing process with a loan amount of $62,000,000 secured by Colliers International on behalf of a joint venture between Redgate Capital Partners, North River Company, and ELV Associates.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $62,000,000
• Address: 144 Addison Street
• Market: East Boston, MA
• Units: 230
• Landlord: Redgate Capital Partners, North River Company, ELV Associates, Inc & CrossHarbor Capital Partners
• Brokers: Bryan Koop, Jeffrey Black, Kevin Phelan, Matthew Lombardi & Sean Burke - Colliers International

The $62 million refinancing deal for the 230-unit apartment complex in East Boston involved key individuals such as Bryan Koop, Jeffrey Black, Kevin Phelan, Matthew Lombardi, and Sean Burke from Colliers International who facilitated the transaction on behalf of the joint venture comprising Redgate Capital Partners, North River Company, and ELV Associates.