Sponsor: Halloran and Picatelli
Loan Approved: October 15, 1997
MHP committed $350,000 in financing to help developers Halloran and Picatelli preserve 11 rental/condominium units in Malden and Revere.
TYPE: Preservation.
WHERE: Malden and Revere.
WHAT: The preservation of 11 rental/condominium units.
MHP FINANCING: MHP committed $320,000 in a permanent plus first mortgage loan and $30,000 in a second mortgage.