Elm Grove Companies Acquires Multifamily Property In Rochester, NH For $13.85M

A multifamily property located at 68 Hemingway Dr in Rochester, NH, has been acquired in a closed transaction. The property spans across 63 acres and is owned by Elm Grove Companies.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $13,850,000
• Date: 03/04/2022
• Market: Rochester, NH

The acquisition was financed through a loan provided by Partners Bank, Genesis Fund, and New Hampshire Community Loan Fund. The loan amount totaled $13,850,000 and was utilized for the acquisition of the multifamily property. Patrick Brady of Brady Capital Advisors, LLC represented the buyer, Elm Grove Companies, as the broker in the transaction.