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Eastern Bank Provides $39M Bridge Loan for Worcester, Mass., 55-Plus Community

United Group has secured $39 million in bridge financing for The Arbella at Bramble Hill, a 123-unit active adult community in Worcester, Mass., that finished construction earlier this year. Eastern B

United Group has secured $39 million in bridge financing for The Arbella at Bramble Hill, a 123-unit active adult community in Worcester, Mass., that finished construction earlier this year. Eastern Bank provided the loan, which will pay off existing construction debt and fund ongoing work on the property, while a JLL Capital Markets team of […]

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