News: Construction Design & Engineering
Posted: April 13, 2010
Cutone of HFF arranges $12m construction loan for Wood Partners' Alta at Indian Woods Apartments
The Boston office of Holliday Fenoglio Fowler, L.P. (HFF) has arranged a $12 million construction loan for Alta at Indian Woods Apartments, a 154-unit, to-be-built multi-housing community.
HFF director Anthony Cutone worked on behalf of the borrower, Wood Partners, LLC, to secure the loan through Wainwright Bank & Trust Company.
Due for completion in July 2011, Alta at Indian Woods Apartments will have one-bedroom/one-bath and two-bedroom/two-bath units averaging 865 s/f each. Community amenities will include a clubhouse with fitness center, clubroom, bbq area with gas grills and business center. As a 40B project, 25% of the units will be affordable to persons of low and moderate income. Alta at Indian Woods is situated on an 8.6 acre site along Washington St. (Rte. 138).
Wood Partners is a national multi-housing real estate firm that develops, constructs and acquires high-quality multi-housing rental and for-sale condominiums throughout the United States. The local director for Wood Partners is Richard Dickason, who has been in the multi-housing industry for 25 years and leads the New England office in Concord, Massachusetts.
MORE FROM Construction Design & Engineering
Nobis Group awards Robinson and Moreira STEM scholarships
Concord, NH Nobis Group, a 100% employee-owned consulting firm specializing in engineering and environmental solutions across the Northeast, has named the recipients of its 2025 STEM Scholarship: Andie Moreira of
Columns and Thought Leadership
Ask the Electrician: Is summer a prime time for commercial electrical maintenance?
The answer is “Yes!” While January marks the official new year, many businesses view September as a fresh start. This makes summer an ideal time for commercial property owners to schedule long-term electrical maintenance projects.
Careers in Construction Month focus on training and safety - by Joe Camilo
October is Careers in Construction Month, and rarely has it been more consequential. According to our chapter’s national parent organization, the construction industry needs to attract half-a-million new workers in the coming year to meet demand. Addressing that need is a huge job, but we at ABC MA are trying to do our part.
The rise of incubators and co-working spaces: The latest in life sciences - by Matt Combs
In recent years, the life science industry has witnessed a shift in how companies operate and innovate. One of the key driving forces behind this transformation is the emergence of incubators and co-working spaces specifically tailored to meet the unique budget and schedule needs of startups.
The design-build advantage: Integrated interior design solutions - by Parker Snyder
When it comes to corporate interior spaces for both commercial and industrial projects, partnering with a design-build firm with in-house interior design services can offer clients many benefits. Unlike traditional delivery methods where interior designers operate independently from the design and construction teams, often creating a longer project timeline as cost negotiations and revisions ensue