LBC Boston Secures $50M to Construct 215-Unit Market-Rate Multifamily in Quincy
Real estate development company LBC Boston has secured a $50-million financing package led by Rockland Trust for the construction of NOVA Hancock, an apartment complex in downtown Quincy, MA. NOVA Hancock is LBC Boston’s second project in Quincy. The project will span 220,000 square feet and include 215 market rate units as well as ground ... The post LBC Boston Secures $50M to Construct 215-Unit Market-Rate Multifamily in Quincy appeared first on Connect CRE.
Real estate development company LBC Boston has secured a $50-million financing package led by Rockland Trust for the construction of NOVA Hancock, an apartment complex in downtown Quincy, MA.
NOVA Hancock is LBC Boston’s second project in Quincy. The project will span 220,000 square feet and include 215 market rate units as well as ground floor retail space.
The seven-story complex is located at the intersection of Hancock Street and Revere Road, and within walking distance of the Quincy Center MBTA train station, as well as an array of restaurants, shops and parks.
The post LBC Boston Secures $50M to Construct 215-Unit Market-Rate Multifamily in Quincy appeared first on Connect CRE.
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