Eastern Union Facilitates $18.5 Million Refinancing for Manchester, NH Multifamily Development
MANCHESTER, NH – July 14, 2025 – Eastern Union, a leading national commercial real estate finance firm, is pleased to announce its successful arrangement of an $18.5 million refinancing for a prominent 77-unit multifamily, mixed-use property located in the vibrant city of Manchester, New Hampshire. This significant financial transaction will provide crucial capital to refinance the construction of the well-situated development, reinforcing its position within the local real estate landscape.
The property, a testament to modern urban living and commercial enterprise, comprises a substantial 77 residential units and also integrates essential commercial spaces, catering to the diverse needs of the Manchester community. The refinancing, expertly navigated by Eastern Union, underscores the continued strength and appeal of the multifamily sector, particularly for well-managed and strategically located assets.
This $18.5 million refinancing marks a significant milestone for the property’s ownership, offering them enhanced financial flexibility and supporting the ongoing success of their investment. Eastern Union’s dedicated team worked diligently to secure favorable terms, demonstrating their commitment to providing tailored financial solutions for their clients in the commercial real estate market.
The successful execution of this refinancing highlights Manchester’s growing attractiveness as an investment destination. The city’s robust economy and dynamic community continue to draw developers and investors, with properties like this 77-unit multifamily and mixed-use development playing a vital role in meeting the demand for quality housing and commercial opportunities.
Eastern Union’s expertise in the complex world of commercial real estate finance has once again proven invaluable, facilitating a smooth and efficient process for all parties involved. The firm’s ability to connect borrowers with the right lenders, while understanding the nuances of each transaction, positions them as a trusted partner in the industry. This latest achievement further solidifies Eastern Union’s reputation for delivering exceptional results and contributing positively to the growth and development of communities across the nation.
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PR Newswire Heavy Industry Manufacturing published ‘Eastern Union Secures $18.5 Million to Refinance Construction of 77-Unit Multifamily, Mixed-Use Property in Manchester, NH’ at 2025-07-14 12:44. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.