Redgate Secures $59M Loan For Multifamily Property

Even during these uncertain times Redgate is always looking to get our clients and investors the right return on real estate. So when the opportunity arose to take advantage of the historically low interest rate environment we are in we took it! We secured a 10-year loan with a 2.97% interest rate for our property, One North of Boston II located in Chelsea, MA. This move not only placed our project in a favorable position to withstand these times but also provided a cash distribution to investors. Read more about it here, here, and here.