**Berkadia Arranges $60.8M Refinancing for Waterfall Hills at Canton**
Berkadia has successfully closed a $60.8 million refinancing deal for Waterfall Hills at Canton, a garden-style multifamily community located at 55 Waterfall Drive in Canton, Massachusetts. The refinancing was secured through Freddie Mac by Robert Lipson, Managing Director at Berkadia New York, on behalf of the sponsor, Chestnut Hill Realty Investments based in Boston.
“Chestnut Hill Realty, Freddie Mac, and Berkadia share a 25-year partnership that ensured this closing was seamless and expertly executed,” said Peter Poras, President of Chestnut Hill Realty. “We are excited about the opportunities that lie ahead for Waterfall Hills at Canton and our expanding presence in the Boston market.”
The property provides convenient access to Downtown Boston, I-95, and Gillette Stadium. Many units feature modern, open floorplans designed for suburban living, attracting both families and young professionals. Community amenities include a fitness center, swimming pool with sundeck, tennis court, and dog park, enhancing the residential experience at Waterfall Hills.
