Cambridge Savings Bank Provides $84.5M Construction Financing For Winchester Multifamily Project

19-35 River Street & 416 Cambridge Street

MultiFamily

Financed 1 year ago

Summary

Loan

MASSACHUSETTS

MultiFamily

A multifamily property located at 19-35 River Street & 416 Cambridge Street in Winchester, MA has recently undergone a closed transaction. The property consists of 242 units and is owned by Strategic Land Ventures, represented by Geoff Engler as their landlord's representative.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $84,500,000
Market: Winchester, MA
Units: 242

The loan for this transaction was provided by Cambridge Savings Bank, with Kevin Teller serving as the lender's representative. The loan type for this transaction was construction financing.

Players

All
1

Lenders
1

Cambridge Savings Bank

Details

Deal Summary

FINANCED

IMAGE: Kevin Teller DATE: 08/30/2022 ADDRESS: 19-35 River Street & 416 Cambridge Street MARKET: Winchester, MA ASSET TYPE: Multifamily ~ UNITS: 242 LENDER: Cambridge Savings Bank (@Cambridge_Savings_Bank) - Kevin Teller LANDLORD: Strategic Land Ventures - Geoff Engler LOAN AMOUNT: $84,500,000 LOAN TYPE: Construction financing

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Address19-35 River Street & 416 Cambridge Street

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