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FANTINI & GORGA SECURES $12.9 MILLION FOR SENIOR HOUSING PROPERTIES

WINCHESTER AND SALEM, MASS. — Boston-based Fantini & Gorga has secured $12.9 million in non-recourse, permanent financing for two HUD-insured senior housing facilities. The first is Aberjona Nursing Center, a 123-bed skilled nursing facility located in Winchester. The second is Grosvenor Park Nursing Center, a 123-bed skilled nursing center located in Salem. Fantini & Gorga procured the financing through its correspondent relationship with Boston-based Eastern Mortgage Capital. The borrower was undisclosed.

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