Liberty Bank has provided $41.5 million of financing for the development of the 160-unit Stonington Village apartment property in the southeastern Connecticut town of Stonington. The five-year loan, with a fixed coupon, was arranged by JLL Capital markets. The six-building property is be constructed at 85 Voluntown Road, next to a Stop & Shop grocery […]

The post Liberty Bank Lends $41.5Mln for Construction of Conn. Apartments appeared first on Commercial Real Estate Direct.