FANTINI & GORGA ARRANGES $3.7M LOAN FOR RUMFORD 214 LOFTS

MANSFIELD, MASS. — Fantini & Gorga has arranged $3.7 million in permanent first mortgage financing for Rumford 214 Lofts in Mansfield, located about 34 miles south of Boston. Rumford Management LLC, an affiliate of Crugnale Properties, was the borrower. Casimir Groblewski, managing director at Fantini & Gorga, represented the client and arranged the financing. A Massachusetts-based financial institution was the lender. Rumford 214 Lofts is a newly completed multifamily property located next to Mansfield’s commuter rail station. Annino Inc. designed the property, and The Reskon Group of Boston provided construction management services. The four-story building includes 24 loft-style, two-bedroom units and 4,000 square feet of first-floor retail space.