Month: May 2019

Rockport Mortgage Announces $50 million Multifamily Affordable Financing in New York City

For Immediate Release May 14, 2019 Media Contact: Tara Goodwin (508) 404-1745; GLOUCESTER, MA…Rockport Mortgage Corporation today announced that it has closed on a $50.3 million HUD Section 223(f) refinancing loan in lower Manhattan. The property, an elderly housing development with more than 150 units, benefited from a 20-year housing assistance payment, or “HAP”,…