Refi of Wilkins Glen assures it remains affordable


From the New England Real Estate Journal – Refi of Wilkins Glen assures it will remain affordable for 30 years – https://nerej.com/rockport-mortgage-closes-21-3-million-refinance-loan-for-103-unit-wilkins-glen

Rockport Mortgage closes $21.3 million refinance loan for 103-unit Wilkins Glen – a mixed-income housing community located in Medfield, MA

April 29, 2022 – Front Section

Medfield, MA Rockport Mortgage has closed a $21.3 million, HUD Section 223(f) refinance loan. The transaction will preserve affordability of 82 out of the 103 units at the rental housing development for 30 years.

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