Jim Stanton

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  • Upscale Boston-Area Community Breaks Ground

    Developed by The NRP Group with construction financing from Capital One Financial Corp., the 145-unit property is situated directly across from Revere Beach on the Atlantic Ocean in the city of Revere.

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    Marcus & Millichap has secured a 10-year interest-only loan for a 144-unit luxury mixed-use property in the Fort Lauderdale market.

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    The partners acquired Place at 117, a property situated nearby the flagship campus of the University of Illinois, with plans to further upgrade the accommodations.

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    The current financing package replaces an existing agency securitization. The loan provided by GSP represents 65 percent LTV ratio and is structured to offer assumption rights if the property changes hands.

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