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From predevelopment to construction to fit-up, MassDevelopment can provide financing for real estate projects at every stage.
MassDevelopment has provided a $4.5 million loan to Lexvest Chapel, LLC for the continued redevelopment of Pepperell Place, the 190,000-square-foot formerly vacant Bemis Bag building in Pepperell that has been successfully repositioned into a multi-tenanted business center by The Lexvest Group. This represents MassDevelopment’s third round of financing for the redevelopment project.
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Taunton Development/ MassDevelopment Corporation sold 11.3 acres in the Myles Standish Industrial Park expansion project to real estate firm Rhino Capital Advisors. Rhino Capital will construct a 100,000-square-foot building that they will then lease to NN, Inc., a manufacturer of high-precision metal and plastic components and assemblies.
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MassDevelopment issued a $14.5 million tax-exempt bond on behalf of the Urban Edge Housing Corporation for the renovation of two affordable multifamily rental housing facilities in Boston’s Roxbury and Dorchester neighborhoods.
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Learn how our extensive real estate experience can help you with your next project.
Planning & Development
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Site Readiness
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Property Assessed Clean Energy (PACE)
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Transformative Development Initiative (TDI)
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Explore a wide range of financing tools.