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LEXINGTON AND REVERE, MASS. — KeyBank Real Estate Capital has arranged two Boston-area multifamily loans totaling approximately $19 million. The first loan totals $10.6 million and is secured by Captain Parker Arms, a 94-unit, Class B property located in Lexington. The lender was Freddie Mac.
The second loan totals $8.8 million and will provide for the refinancing of Point of Pines Apartments, a 72-unit, Class A property located in Revere. The lender is Fannie Mae; the borrower is 190 North Shore Road LLC.