Campanelli: Cambridge Savings Bank Lends $43M For Boston-Area Office Portfolio Buy

Braintree, Mass.-based real estate developer and investor Campanelli and TriGate Capital have landed $43.2 million in debt from Cambridge Savings Bank to fund the joint venture's purchase of a two-building suburban office portfolio in Framingham, Mass., Commercial Observer has learned. The seven-year, fixed-rate and nonrecourse financing covered the duo's roughly $53 million acquisition of the [...]