45 East Central Street Update 09/18/23

$19.7M in Construction Financing Secured for Natick Project

Stonegate Group has secured $19,700,000 in construction financing through Needham Bank for the mixed project under construction at 45 East Central Street in Natick.  The firm also closed on a 2nd construction mortgage also through Needham Bank for $4,640,000. The development, which broke ground this past June, will include 46 apartments with 14,000 square feet of ground-floor restaurant and retail space with four additional two-family townhomes.

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