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Cornerstone Arranges $34M Construction Loan for Multifamily Project in Portsmouth, New Hampshire

West-End-Yards-Portsmouth-New-Hampshire

West End Yards, a multifamily project in Portsmouth, New Hampshire, will total 134 units.

PORTSMOUTH, N.H. — Cornerstone Realty Capital has arranged a $34 million construction loan for West End Yards, a 134-unit multifamily project that will be located in Portsmouth, just south of the Maine-New Hampshire border. The property will feature one-, two- and three-bedroom units with quartz countertops, stainless steel appliances and individual washers and dryers. Amenities will include a fitness center and multiple common areas with lounges. The borrower and developer is Boston-based Torrington Properties. The direct lender was not disclosed.

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