Bank Rhode Island Provides $10.5M Acquisition Loan For Multifamily Property On George M. Cohan Boulevard

An acquisition loan has been secured for a multifamily property located at 180 George M. Cohan Boulevard in Providence, RI. The property spans approximately 51,373 square feet.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $10,500,000
• Address: 180 George M. Cohan Boulevard, Providence, RI
• Market: Providence, RI
• Lender: Bank Rhode Island
• Landlord: 180 GMC, LLC

The acquisition loan, provided by Bank Rhode Island, has facilitated the purchase of the multifamily property located at 180 George M. Cohan Boulevard. 180 GMC, LLC serves as the landlord in this transaction.