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NewsJun 16, 20260 views

Beacon Bank Lends $45M for Boston-Area Apartments Project

Developer Tremont Asset Management has landed $44.5 million of construction financing to build a multifamily project in suburban Boston, Commercial Observer has learned. Beacon Bank supplied the loan for Tremont’s planned 145-unit 259 Lenox Street development in Norwood, Mass. Colliers negotiated th

Source: Commercial Observer

Developer Tremont Asset Management has landed $44.5 million of construction financing to build a multifamily project in suburban Boston, Commercial Observer has learned. Beacon Bank supplied the loan for Tremont’s planned 145-unit 259 Lenox Street development in Norwood, Mass. Colliers negotiated the debt with a capital markets team led by Patrick Boyle, Matt Lombardi Jr. […]

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