Fraunhofer gets $3M from MassDevelopment, plans to buy South Boston complex Fraunhofer USA Inc. has won approval for a $3 million loan from the Massachusetts Development Finance Agency, which an agency spokesperson describes as part of an overall plan to rehabilitate 5 Channel Center in South Boston and have Fraunhofer lease it. Read more on [...]
Commercial Real Estate: Grocery lease propels Congressional Plaza redevelopment Montgomery Housing Partnership of Rockville has announced the purchase of Parkview Towers apartments in Takoma Park for $6.9 million. The acquisition of the 47-year-old rental community was financed from loans by Enterprise Community Partners, the state and the seller, a private owner. Read more on Gazette.net
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