Larew Doyle & Associates arranges a $30 million permanent loan on a newly completed 152-unit apartment complex

Walpole, MA

Larew Doyle & Associates is pleased to announce the placement of a $30 million permanent loan on a recently completed 152 market-rate apartment complex. This impressive property is located within walking distance to the MBTA Commuter Train Line and minutes’ drive from Routes 1 and 1A, and Interstate 95. This uniquely designed, five-story residential development contains 7,500 sf of ground commercial space in addition to a spacious community/theater room with a kitchen area, fitness center and business center.

This 15-year fixed rate non-recourse loan was financed by one of LD&A’s correspondent life insurance companies.

Liberty Station Apartments offers various sizes for 1 bedroom and 2 bedroom options and separately controlled heating/cooling system, in unit washer/dryer and exterior balconies.

Each unit features a combination of hardwood and tile flooring, hardwood cabinets with granite or quartz countertops, under mount sinks, garbage disposals, refrigerator, electric range, and dishwasher and stainless-steel appliances.  The bathrooms feature granite or quartz counters with under mount sinks, tile floors and medicine cabinets.  Bedrooms have carpeting and the living areas will have luxury vinyl plank flooring with sound deadening padding.