Kelly Nguyen Of Rockland Trust Provides $17M Construction Loan For Preservation Of Affordable Housing In Brewster MA

The property involved in this transaction is a multifamily asset located at 55 Spring Rock Village, Brewster, MA. The property consists of 45 units and is financed through a construction loan amounting to $17,000,000.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $17,000,000
• Lender: Kelly Nguyen - Rockland Trust
• Landlord: Preservation of Affordable Housing
• Loan Type: Construction

The transaction features Kelly Nguyen as the representative for the lender, Rockland Trust, and involves Preservation of Affordable Housing serving as the landlord for the multifamily property. The deal is noted for its focus on development and construction financing.