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Rolling
Green
Village
Newport, Rhode Island
Newport Rhode Island - Doug Nickerson, Nickerson Financial Corporation, Cataumet
Massachusetts is pleased to announce the placement of a loan on behalf of its client
Rolling Green Associates in the amount of $11,100,000
for the substantial renovation of Rolling
Green Village in Newport Rhode Island.
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BIG YSupermarket
Boston Road
Wilbraham, Massachusetts
Wilbraham, Massachusetts - Doug Nickerson, Nickerson Financial Corporation, Cataumet
Massachusetts
is pleased to announce the placement of a loan on behalf of
Merchant Wilbraham II, LLC in the amount of $14,484,000 for the construction of a BIG Y supermarket in
Wilbraham, MA
. This BIG Y will be a new addition to the regional supermarket’s chain of stores.
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OrleansMarketplace
Route
6A
Orleans, Massachusetts
Orleans, Massachusetts - Doug Nickerson, Nickerson Financial Corporation, Cataumet
Massachusetts
is pleased to announce the placement of a loan on behalf of
Orleans Marketplace, LLC in the amount of $7,250,000 for the Orleans Marketplace,
Orleans, MA
. The loan facilitated the refinancing of the clients shopping center.
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Somerset Self
Storage, LLC
3129 County Street
Somerset, Massachusetts
Somerset, Massachusetts, Doug Nickerson, Nickerson Financial
Corporation, Mashpee, Mass. has finalized a loan in the amount of $2.6 million on
behalf of its client Somerset Self Storage LLC.
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Pine knoll Nursing
Center
30 Watertown
Street
Lexington,
Massachusetts
Lexington,
Massachusetts
Lexington, Massachusetts, Doug Nickerson, Nickerson Financial
Corporation, Cataumet Massachusetts is pleased to announce the placement of a loan
on behalf of its client, Long Term Centers of Lexington Inc. in the amount of $2,500,000.
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The Kingsbury Skating Club
“THE BOG”
186 Summer Street
Kingston,
Massachusetts
Kingston Massachusetts, Doug Nickerson, Nickerson Financial
Corporation, Mashpee
Massachusetts
is pleased to announce the placement of a loan on behalf of its client, THE BOG
LLC., to construct a 40,000 square foot state of the art professional indoor ice
skating rink. Construction is now under way and is expected to be completed by October.
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Price Rite Store
Fall River, Massachusetts
Fall River Massachusetts,
Doug Nickerson, Nickerson Financial Corporation, Mashpee
Massachusettsis pleased to announce the placement of a loan in the amount of $4,890,000 on behalf
its client Midland Management LLC.
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Founders Plaza East
Hartford, Connecticut
East Hartford Connecticut,
Doug Nickerson, Nickerson
Financial Corporation,
Mashpee Massachusetts is
pleased to announce the
placement of a loan in the
amount of $32,250,000, on
behalf of its client,
Merchant Founders,LLC. |
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President Village Apartments
The 120 unit multi-family
property consists of
spacious one, two, and
three bedroom units. There
are twelve two story
buildings .The loan was
placed in the amount of $3,850,000
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Price Rite Store
Fall
River, Massachusetts
Fall
River Massachusetts, Doug
Nickerson, Nickerson
Financial Corporation,
Mashpee Massachusetts is
pleased to announce the
placement of a
construction loan in the
amount of $4,000,000 on
behalf its client Midland
Management LLC.
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10 Forbes Road
The property is a 94,000
square foot multi tenanted
office building. The
four-story building has
230 parking spaces, some
of which are covered. The
$8,250,000 loan has a
fixed rate for ten years
at 6.38%, amortized over
thirty, and is
non-recourse.
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Goffstown New
Hampshire
Doug Nickerson, Nickerson
Financial Corporation placed loan in the amount
of $6,100,000 for the Highwood Village
Apartments, The multi-family property, managed
by the owner, consists of 121 garden style units
which includes the rental office and fitness
room. |
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Fall River
Massachusetts
The multi-family property, managed by the owner,
consists of 48 units. There are four twelve
unit buildings. All of the apartments are
spacious two bedroom units.
The rate on the $2,750,000 loan is 5.46%, fixed
for ten years amortized over 30 and is non-
recourse |
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Cambridge
Massachusetts
Constructed in 1918
the unit mix, consists of spacious one and two
bedroom units. The rate
on the $3,000,000 loan is 5.05%, fixed for ten
years amortized over 30 and is non-recourse.
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Milford
Massachusetts
The property,
upon which the loan is placed, is a 168,000
square foot retail center known as Milford
Plaza. The plaza is multi-tenanted, and is
anchored by Kohl’s.The
$6,000,000 loan has a fixed rate for ten years
at 5.44%. It is non-recourse and amortized over
30 years. |
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Everett Massachusetts
Parkway Heights will consist of 74
Condominium units, 48 two bedroom and 26 one
bedroom units. The $17,150,000 loan provides for
a 24-month construction period and is priced
over Libor. |
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1691 Cambridge Street
The property was constructed in 1969 and is
managed by the client. The property consists of
16 one bedroom units and four studios.
The rate on the
$1,900,000 loan is 5.66%, fixed for ten years
amortized over 30 and is non-recourse. |
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Perfection Fence Corp
The buildings consist of 32,000 square feet
of heated warehouse/manufacturing space, 6000
square feet of office space and 5000 square feet
of retail/showroom space on eight acres of
land. The loan facilitated the refinancing of
the company’s corporate headquarters and
provided a credit facility for working capital. |
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Border City Mills
Apartments
107-unit mill
conversion multi-family property Fall River
Massachusetts.
The rate on the $4,700,000 loan is 5.64%, fixed
for ten years amortized over 30 and is
non-recourse |
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Meadowbrook Estates
Apartments
84 unit apartment complex
Fulton, New
York. The
$2,282,000, HUD 223F loan has a 5.75% rate,
fixed for the 35 year term.
The property is managed by the MB Management
Company; Braintree, Massachusetts
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Devonshire Place
Apartments
180-unit mid rise apartment complex
The $10,200,000 loan has a 5.34% rate,
and a 10 year term. The rate is fixed for 9
years and for the final year is floating, thus
enabling the borrower to prepay without penalty.
The loan is amortized over 30 years and is non
recourse. |
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Eastgate Apartment Assoc., LLC,144 Units
15 Year Term, 30 Year Amortization
Property managed by JMC Management Co.,
Manchester, NH
$6,800,000 |
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Simrah Gardens
LLC
158-unit Apartment complex
The transaction was comprised of two
loans, a 24-month construction
loan in the amount of $15,000,000, and a Fannie
Mae takeout loan in the amount of $15,400,000. |
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Winchester Place, LLC
Winchester Place, LLC, Winchester,
MA
Winchester Place Condominiums
12 Units
$5,500,000
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