MassHousing Provides $64.7M Loan For Multifamily Property In Boston, MA

The Blue Mountain Apartments located on Elm Hill Avenue in Boston, MA have recently secured a loan from masshousing''>MassHousing. The multifamily property consists of 217 units and is a significant asset in the area.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $64,700,000
• Address: Blue Mountain Apartments, Elm Hill Avenue, Boston, MA
• Market: Boston, MA
• Lender: MassHousing

The loan amount acquired for this property is $64,700,000. This financing brings stability and support to the ongoing operations and management of the Blue Mountain Apartments, ensuring the provision of quality and affordable housing options in the Boston area.