Andrew Chaban Of Princeton Properties & National Development Secures $30.4 Million Construction Loan From Berkshire Bank For Multifamily Project In Wilmington MA

The property asset involved in this transaction is Princeton Wilmington Apartment Homes, located at 201 Jefferson Road in Wilmington, MA. This asset is classified as multifamily and is tied to a construction loan facilitated through Berkshire Bank.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $30,400,000
• Lender: Berkshire Bank
• Landlord: Andrew Chaban - Princeton Properties & National Development
• Loan Type: Construction

This transaction involves Andrew Chaban, representing Princeton Properties and National Development, ensuring the financing for the construction of the multifamily development is secured effectively through Berkshire Bank.