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Rockport Mortgage handles $30m in financing for Rolling Green Apartments

February 14, 2020

Amherst, MA Rockport Mortgage Corp. has closed an FHA Section 223(f) refinancing loan for Rolling Green Apartments totaling $30 million. The property has been owned and managed by Beacon Communities LLC since 2014.

The property, constructed in 1970, is a mixed-income rental development located on 26.2 acres and is comprised of 16 two-story apartment buildings with 204 garden and townhouse style units. There are 64 one-bedroom, 103 two-bedroom, 31 three-bedroom and 6 four-bedroom units in the development. (read more)

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