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EASTERN BANK CLOSES $2.2MM LOAN TO PROVIDE SUPPORTIVE HOUSING IN QUINCY

by Lindsay Eimert | Dec 3, 2021 | Affordable Housing, Community Development, News, News & Events, Non-Profit Organizations, Projects

Congratulations to Eastern Bank in closing a $2.2MM loan for the benefit of Neighborhood Housing Services of the South Shore, Inc.  The proceeds of the loan will finance the construction of Lower Winter Street Apartments at 54 Winter Street (aka 54-64 Winter Street),...

EASTERN BANK CLOSES $19MM LOAN TO PROVIDE HOUSING FOR SENIORS IN HOLBROOK

by Lindsay Eimert | Nov 9, 2021 | Affordable Housing, News, News & Events, Non-Profit Organizations, Projects

Congratulations to Eastern Bank in closing a $19MM loan for the benefit of NWHS Holbrook Center Senior Owner LLC, an affiliate of Neighborhood Housing Services of the South Shore, Inc.  The proceeds of the loan will finance the construction of Holbrook Senior Center,...

CONCORD SQUARE PLANNING & DEVELOPMENT FINANCES THE CONSTRUCTION OF 40R PROJECT IN BROCKTON

by Lindsay Eimert | Oct 15, 2021 | Affordable Housing, MultiFamily Housing, News, News & Events, Projects

Congratulations to Concord Square Planning & Development, Inc. in closing the financing of the construction of the Anglim Building at 93 Centre Street in Brockton, Massachusetts. Through financing from Silicon Valley Bank, Massachusetts Housing Investment...

SILICON VALLEY BANK CLOSES TAX EXEMPT MULTIFAMILY HOUSING BOND FINANCING

by Lindsay Eimert | Sep 21, 2021 | Affordable Housing, MultiFamily Housing, News, News & Events, Projects, Tax Credit/Bond Transactions

Congratulations to Silicon Valley Bank in closing a $7MM loan for the benefit of NHS Copley Gardens LLC, an affiliate of Neighborhood Housing Services of the South Shore, Inc. Silicon Valley Bank purchased tax exempt bonds from Massachusetts Development Finance Agency...

GROUNDBREAKING CEREMONY FOR HAYWOOD HOUSE

by Lindsay Eimert | Sep 9, 2021 | Affordable Housing, News, News & Events, Projects

Congratulations to the Newton Housing Authority on the ceremonial groundbreaking for Haywood House, a 55-unit affordable residential building for seniors at 111 JFK Circle Newton, Massachusetts. On April 27, 2021, the following lenders provided loans in the aggregate...

MARION VILLAGE ESTATES REFINANCES FHA-INSURED AFFORDABLE HOUSING

by Lindsay Eimert | Jul 23, 2021 | Affordable Housing, MultiFamily Housing, News & Events, Projects

Congratulations to Marion Village Estates LLC in closing a $3,832,200.00 loan from ORIX Real Estate Capital, LLC in order to refinance the property at Front Street in Marion, Massachusetts. Marion Village Estates provides 60 units of affordable rental housing to the...
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