Rockport Mortgage Corp handles $9 million financing for Lowell Belvidere Apartments – managed by Peabody Properties

Lowell, MA Rockport Mortgage Corp. completed the closing of an FHA Section 223(f) refinancing loan totaling $9 million for the Lowell Belvidere Apartments. The property is managed by Peabody Properties. Situated on 1.28 acres in the Belvidere neighborhood of the city, the property consists of 70 family apartments (1-4 bedrooms) contained in 12 buildings that were built between 1850 and 1920.

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