The developer of a new 69-unit high-end apartment building in Somerville has refinanced the property for $13.25 million, brokers with HFF announced Wednesday.
Renters have flocked to a new 69-unit residential property in downtown Somerville, filling the luxury apartment building less than three months after it opened for leasing.
Sterling Properties has officially opened its new residential building near downtown Somerville, where it has quickly leased nearly half of its 69 luxury apartments.
A developer is nearing completion of a new upscale rental building in downtown Somerville, the latest among several projects that are slated for the Somerset County borough.
A developer has received approval to build 69 luxury apartments in downtown Somerville, marking the latest project to move forward in the borough’s ongoing redevelopment.
