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JLL Secures Refinancing for Prospect Union Square in Somerville, Massachusetts

Summary by Citybiz
JLL Capital Markets announced today that it has secured a refinancing for Prospect Union Square, a newly constructed 450-unit residential property located in the vibrant Union Square neighborhood of Somerville, Massachusetts. JLL represented the borrower, a joint venture between affiliates of Magellan Development Group, RAS Union Square Development, LLC, Cypress Equity Investments and Affinius Capital, and arranged the loan through Northwestern …
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