Boston Real Estate Times: Procopio Secures $14mm Construction Financing, Breaks Ground

LYNNFIELD, MA– The Procopio Companies, a full-service construction, development, and advisory company, announced they have secured a $14 million construction loan from Salem Five bank, and have broken ground at 635 Main Street in Wilmington, MA.

Lume will include a new three-story, 74,000 square-foot multifamily housing development with 39 apartment units, and an additional 10 townhomes. As a $20 million project, Lume is positioned to take advantage of Boston’s expanding life science cluster, just a short walk from the Wilmington MBTA train station, located on … [ FULL ARTICLE ]

LYNNFIELD, MA– The Procopio Companies, a full-service construction, development, and advisory company, announced they have secured a $14 million construction loan from Salem Five bank, and have broken ground at 635 Main Street in Wilmington, MA.

Lume will include a new three-story, 74,000 square-foot multifamily housing development with 39 apartment units, and an additional 10 townhomes. As a $20 million project, Lume is positioned to take advantage of Boston’s expanding life science cluster, just a short walk from the Wilmington MBTA train station, located on … [ FULL ARTICLE ]

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