REBusinessOnline

Cornerstone Realty Capital Arranges $6.7M Refinancing for Apartment Community in New Hampshire

Merrimack Heights in Hooksett

HOOKSETT, N.H. — Cornerstone Realty Capital has arranged a $6.7 million loan to refinance Merrimack Heights, a 70-unit apartment community in Hooksett. Located at 512 W. River Road in Merrimack County, the property is comprised of two connected apartment buildings and features studio, one- and two-bedroom units. Patrick Brady of Cornerstone arranged the fully amortized, fixed-rate financing for the undisclosed borrower. The lender was not disclosed.

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