News: Financial Digest

Fantini & Gorga arranges $41million financing for Woodfield Commons

Casimir Groblewski

Canton, MA Fantini & Gorga has arranged $41 million in acquisition financing on behalf of its client, MCG Canton Arboretum, LLC, a leading multifamily investment and management firm based in Boston. MCG Canton purchased Woodfield Commons, a 156-unit residential community. Senior managing director Casimir Groblewski and analyst Colin Monahan arranged the financing with a major Massachusetts-based lending institution. 

Woodfield Commons consists of six residential buildings and a clubhouse on a 40.2 acre parcel. Constructed in 1990 as a 40B development, Woodfield Commons presents a value add opportunity for the new owner. The complex benefits from its location off Rte. 138 and close to I-95. The town offers its residents a high quality of life experience, excellent schools, and myriad public amenities. 

 

Colin Monahan

Groblewski said, “The lender was willing to meet our client’s specific requirements, and we were able to negotiate a favorable and flexible financing package.”

Monahan said, “The lender’s team executed in a timely and professional manner.”

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