Groma Acquires Multifamily & Office Properties In Boston For $41.5M

Needham Bank has provided a loan of $41,500,000 for the property located at 31 New Chardon Street, 1536-1542 Tremont Street, and 19 Perrin Street in Boston, MA. The property is a multifamily and office asset. The loan was secured by Groma, represented by Seth Priebatsch, and the lender's representative was Joseph P. Campanelli.

Summary of transaction details:

• Property Type: Multifamily & Office
• Transaction Amount: $41,500,000
• Lender: Needham Bank - Joseph P. Campanelli
• Landlord: Groma - Seth Priebatsch

The loan provided by Needham Bank, with Joseph P. Campanelli as the representative, has facilitated the transaction for the multifamily and office property at 31 New Chardon Street, 1536-1542 Tremont Street, and 19 Perrin Street in Boston, MA. The property was secured by Groma, represented by Seth Priebatsch. This loan will support the ongoing development and operations of the property.