Cambridge Savings Bank Provides $62M Construction Loan For 219-Unit Multifamily In Dorchester, MA

780 Morrissey Boulevard

MultiFamily

Financed 1 year ago

Summary

Loan

MASSACHUSETTS

MultiFamily

The property involved in this transaction is a multifamily asset located at 780 Morrissey Blvd in Dorchester, MA. It consists of 219 units.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $62,000,000
Address: 780 Morrissey Blvd
Market: Dorchester, MA
Units: 219

The lender for this transaction is Cambridge Savings Bank, and the landlord is The Michaels Organization. The loan amount for this deal is $62,000,000, and it is a construction loan.

Players

All
1

Lenders
1

Cambridge Savings Bank

Details

Deal Summary

FINANCED

IMAGE: 07/26/2022 ADDRESS: 780 Morrissey Blvd MARKET: Dorchester, MA ASSET TYPE: Multifamily ~ UNITS: 219 LENDER: Cambridge Savings Bank LANDLORD: The Michaels Organization LOAN AMOUNT: $62,000,000 LOAN TYPE: Construction loan

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Address780 Morrissey Boulevard

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