Frost Terrace Update 08/14/19

$17.7M Financing Finalized for Frost Terrace in Cambridge

Rockland Trust has announced it has provided $17.7M in financing to Capstone Communities LLC and Hope Real Estate Enterprises LLC to enable the development of Frost Terrace, a 40 unit fully affordable housing community in Porter Square in Cambridge. When complete, the community will include a studio unit, 13 one-bedrooms, 13 two-bedrooms, and 13 three-bedrooms units.


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