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Fantini & Gorga Arranges $24 Million for Weymouth Condo Development

August 02, 2018 / BOSTON REAL ESTATE TIMES

Boston-based Fantini & Gorga recently arranged $24 million in financing for two residential properties in Weymouth, MA, including a $9,000,000 permanent first mortgage loan in conjunction with a $15,000,000 construction loan. The permanent loan is secured by a 72 unit residential community known as Eastbay at Weymouthport. The construction loan will be used for the development of a 50 unit, six-story residential condominium building known as Seascape at Weymouth.  The sponsor is a Boston-based family real estate firm.