Cornerstone Realty Capital has successfully secured $35.7 million in financing for a new residential condominium project located in the highly sought-after area of Portsmouth, NH. This four-story development will feature 95 modern condos, along with 112 surface parking spots and 83 garage spaces. The unit mix includes a variety of market units such as studios, one-bedrooms, and two-bedrooms, as well as affordable options to cater to different demographics.
Residents of this luxurious complex will have access to top-notch amenities including a fitness center, pet spa, lounge area and clubroom with an impressive second-floor deck. According to Paul Natalizio – President at Cornerstone – the sponsor’s expertise in similar projects combined with the prime location of this property generated significant interest among potential investors.
This latest achievement by Cornerstone Realty Capital highlights their ability to secure competitive financing solutions for clients looking to invest in high-quality real estate developments like this one in Portsmouth.
