For the past 25 years Rockport has aided clients in developing capital solutions that enable them to fulfill their business and philanthropic goals. We take the time to fully understand the borrower, real estate and opportunity, developing innovative financing structures that create value by maximizing the potential of every property, every situation and every community.
Amherst, MA | $14,879,100
HUD section 221(d)(4) program
RMC provided $14,879,100 in financing under the HUD section 221(d)(4) program for the refinance and substantial rehabilitation of Mill Valley Estates. The multifamily community consists of 148 units of both market-rate and affordable rental housing.
Westerly, RI | $7,443,400
HUD section 223(a)(7) program
RMC provided $7,443,400 in financing under the HUD section 223(a)(7) program to refinance Merchants Village Apartments. The multifamily community consists of 116 units of rental housing, the majority of which are age-restricted.