Eastern Mortgage Capital Provides $7.78M Loan For Multifamily Property In Pepperell, MA With Broker Tim O'Donnell

Eastern Mortgage Capital has provided a $7,779,600 permanent loan for the acquisition of a multifamily property located at 7 Tucker St, Pepperell, MA. The property consists of 75 units and was financed with a 35-year fixed-rate non-recourse loan. Tim O’Donnell of Fantini & Gorga represented the borrower in this transaction.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $7,779,600
• Address: 7 Tucker St, Pepperell, MA
• Units: 75
• Lender: Eastern Mortgage Capital
• Loan Type: Permanent
• Loan Terms: 35-year fixed rate non-recourse financing
• Broker: Tim O’Donnell - Fantini & Gorga

This financing deal was facilitated by Tim O’Donnell of Fantini & Gorga, who represented the borrower throughout the process. The loan amount of $7,779,600 will enable the acquisition of the 75-unit multifamily property located at 7 Tucker St in Pepperell, MA. The loan terms include a fixed rate for 35 years, providing a long-term financing solution.