$39M Bridge Loan Arranged by JLL for Central Massachusetts Active Adult Community in Worcester Massachusetts
3 Articles
3 Articles
Worcester Active Adult Community Secures Bridge Loan Amid Increasing Demand
JLL Capital Markets arranged $39 million in financing for The Arbella at Bramble Hill, a recently completed, 123-unit, Class A active adult community in Worcester, MA. Managing director Henry Schaffer and director Madeline Joyce worked on behalf of the developer, The United Group of Companies, Inc., to secure the bridge loan through Eastern Bank for UW Senior, LLC. The bridge loan paid off the existing construction loan and will fund the remaini…
$39M Bridge Loan Arranged by JLL for Central Massachusetts Active Adult Community in Worcester Massachusetts
JLL Capital Markets announced that it has arranged $39 million in financing for The Arbella at Bramble Hill, a recently completed, 123-unit, Class A active adult community in Worcester, Massachusetts. JLL worked on behalf of the developer, The United Group of Companies, Inc. (“United Group”) to secure the bridge loan through Eastern Bank for UW […] The post $39M Bridge Loan Arranged by JLL for Central Massachusetts Active Adult Community in Worc…
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