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 the debt with a capital markets team led by Patrick Boyle, Matt Lombardi Jr. […]