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Rockport Mortgage and LIHC Investment Group Announce $51M in Financing for Two Affordable Housing Developments in New Jersey Significantly Extending the Affordability of Both Properties

Rockport Mortgage Corporation recently announced the closing of two FHA Section 223(f) refinancing loans totaling $51 million. Verona Senior Citizens Apartments in Verona ($24M), and Mansion Apartments in Pine Hill ($27M). Both properties are owned by LIHC Investment Group, one of the nation’s largest real…
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Rockport Mortgage Announces $109 MM in Multifamily Financing Transactions

Rockport Mortgage Corporation is pleased to announce recent loan closings totaling $109 million in loan volume. These loan closings, all HUD Section 223(f) loan transactions, help to preserve 752 units of affordable housing in Massachusetts and New Hampshire. “The combination of near historic low interest…
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