Springfield Court Square housing project financing costs

On Wednesday, a closing of construction financing and conveyance announcement was made on a historic former Court Square Hotel at 31 Elm Street in Springfield turning into 74 new mixed-income rental homes. The announcement came after project milestones from the City of Springfield, MassHousing, MassMutual, and MGM Springfield. WinnDevelopment and Opal Real Estate Group have received ownership of 31 Elm Street and will be transforming the Court Square building that sits between Springfield City Hall and the MGM Springfield resort.

Read the source article at WWLP 22 News Springfield