At Rockport, the true testament of our success is in the relationships we form, with many of our clients partnering with us on a multitude of projects over the span of more than two decades.


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Jewish Community Housing for the Elderly

Brighton, MA

I am writing this letter to you to express my appreciation for the excellent services we have enjoyed from the Rockport Mortgage team. We feel privileged to be benefiting from your sound expertise and advice in refinancing JCHE’s older nonprofit portfolio of Section 236 and Section 202 properties. Without your involvement, experience and knowledge of these HUD programs our work clearly would have been significantly more complicated, if not impossible.


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The Carabetta Companies

Malden, CT

As Founder, Treasurer and CEO of Carabetta Enterprises Inc. (CEI), I would like to take this opportunity to highly recommend the Rockport Mortgage Corporation (RMC) and their extremely capable staff members. As a General / Limited Partner in many limited partnerships, I’ve been involved with FHA programs since the early 1960’s. CEI has developed, constructed, and managed over 14,000 apartments and condominium units, including affordable housing for low and moderate-income families, elderly, and market rate apartments. We currently have ownership in and manage approximately 9,000 units, of which over 40 developments are affiliated with HUD. I have worked with Rockport Mortgage Corporation for the past ten years in financing over 20 of my HUD-assisted and market-rate properties including the acquisition/financing of over 2500 units of military housing.



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The John Stewart Company

Santa Cruz, CA

You have asked for an assessment of the project refinances that you have accomplished for the John Stewart Company and I am very pleased to be able to do so. Our firm manages over 23,000 units throughout California, both as owners and as fee managers. The bulk of those units have affordability components or restrictions and many were older programs whose usefulness as affordable housing was dependent on revising the use and regulatory agreements in addition to refinancing.



 

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Tremont Ventures, LLC

Boston, MA

I am pleased to write this letter of recommendation on behalf of Rockport Mortgage Corporation based on my extensive experience with this firm and on on-going appreciation for their unique knowledge base and extraordinary diligence. I began working with RMC in 1996 after having worked with Dan Lyons and Linda Pellegrino for many years in their individual capacities at HUD in the Boston Regional Office. To date, RMC has acted as my lender/advisor for a total of seven transactions containing 1,133 units, with loan proceeds of approximately $71M. I own and/or manage 6,500 units, most of which are HUD-assisted/insured.