Riddlebrook Apartments
$1,838,500
Douglas, MA - Fantini & Gorga placed $1,838,500 in permanent financing for Riddlebrook Apartments, a two story, 41 unit, elderly apartment building in Douglas, MA. The transaction used FHA 223(f) mortgage insurance to provide maximum proceeds along with an attractive fixed rate for the 35-year term. The loan was placed with Fantini & Gorga's affiliated MAP lender Eastern Mortgage Capital.