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$19,950,000
Permanent Loan
Multifamily

Representative Transactions

Fantini & Gorga has announced the placement of a $19,950,000 first mortgage for the recently completed and stabilized 84 unit property known as The Residences @ Malden Station. This transit-oriented development is located at 39 Florence Street in Malden Center, just a short walk from the subway station, and is fully leased.

The Residences @ Malden Station features a first floor podium with a four story stack above. The unit mix includes 18 studios, 39 one-bedroom units and 27 two-bedroom units. The units are finished with granite countertops, stainless steel appliances and a full range of Energy Star rated appliances. Each unit includes a washer and dryer and have spacious walk-in closets. Residents benefit from several community amenities such as a well-appointed 24-hour fitness center, a common roof deck, a clubroom and a Wi-Fi lounge.

The loan was placed with one of Fantini & Gorga's correspondent life insurance companies.

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155 Federal Street · Suite 1600
Boston, MA 02110

Phone: 617.951.2600
Fax: 617.951.9944
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