Boston-based Fantini & Gorga have placed $1.4 million in permanent financing for Tahoe Gardens, a 27-unit apartment building in Taunton.
The borrower, Tahoe Gardens LLC, is owned by a Massachusetts-based real estate developer and investor with extensive multifamily holdings in eastern Massachusetts.
Tahoe Gardens is located at 145 Highland St. and sited on a 1.14-acre lot. Constructed in 1960 of wood frame and brick exterior, Tahoe Gardens was extensively renovated in the past three years.
“We were pleased to be able to respond to our client’s refinancing requirements given the turmoil that continues to occur in the financial world,” said F&G Managing Director Casimir Groblewski.