BOSTON CAPITAL PROVIDES $2.6M FOR MULTIFAMILY COMMUNITY IN NEW JERSEY

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GLOUCESTER, N.J. — Boston Capital has provided a $2.6 million mortgage financing for Revere Run at Park Place, an 80-unit multifamily development, in Gloucester, located about eight miles east of Philadelphia. The fixed-rate, two-year loan carries a 15-year term. Located on eight acres, Revere Run at Park Place will feature 15 one-bedroom, 41 two-bedroom and 24 three-bedroom units in six three-story buildings. Units will include central air conditioning, dishwashers and high-speed Internet.

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