Wayne at Bicknell, Phase IV

KJP represented Boston Private Bank & Trust Company in closing a $21MM loan for the benefit of Cruz Development Corporation.  Boston Private purchased tax exempt bonds from Massachusetts Development Finance Agency and made the proceeds from the sale of the bonds available to finance the acquisition and development of Wayne at Bicknell, the 4th phase of a 5-phase project that in total will restructure and renovate Wayne Apartments, a 349 unit scattered site complex located on 26 scattered sites in the communities of Roxbury, Dorchester and Mattapan, Massachusetts.

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