QUINCY, MA — Cornerstone Realty Capital arranged $58 million in financing for the construction of a 269-unit 100% market-rate apartment community in Quincy, MA.
The apartment complex will consist of two five-story, wood-framed residential buildings, a mix of (2) studios, (144) one-bedroom, one-bathroom units and (123) two-bedroom, two-bathroom units. Amenities feature two courtyards that will include a firepit, outdoor kitchen, lounge area and water features, as well as a clubroom, business center, and state-of-the-art fitness center and spa.
Within the clubroom there will be entertainment options such as virtual golf, shuffle board and a pool table as well. An elevator will service each building. Unit finishes will include kitchens with granite counter tops and stainless-steel appliances, bathrooms with cultured marble counter tops, in-unit laundry and 9-foot ceilings.