MassHousing Provides $2.5M Loan For Affordable Multifamily Property In Lowell, MA
Massachusetts
See Similar DealsMassHousing Provides $2.5M Loan For Affordable Multifamily Property In Lowell, MA
445 Merrimack Street, Lowell, Massachusetts, USA
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The multifamily property located at 445 Merrimack Street in Lowell, MA has recently undergone a closed transaction. The property consists of 34 units and is part of the affordable housing sector.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,500,000
- Address: 445 Merrimack Street, Lowell, MA
- Market: Lowell, MA
- Lender: masshousing''>MassHousing - Chrystal Kornegay
- Landlord: Affordable Housing and Services Collaborative (AHSC) - Michael Mattos
- Broker: Peabody Properties
The lender for this transaction was MassHousing, with Chrystal Kornegay representing their interests. The landlord of the property is the Affordable Housing and Services Collaborative (AHSC), with Michael Mattos overseeing the management of the multifamily units. Acting as the broker for this deal was Peabody Properties.
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