Nantucket Affordable Complex Garners $32M Financing
Rockland Trust has partnered with HallKeen Management and Norton Point Development to provide $32 million in financing to develop Ticcoma Green apartments in Nantucket. Located on nearly six acres of land at 6 Fairground Rd., Ticcoma Green will offer 64 affordable and workforce housing apartments once the project is complete.
“At Rockland Trust, we’re proud to support developments that expand access to affordable and workforce housing throughout our communities,” said Kelly Nguyen, VP, commercial banking officer at Rockland Trust. “Projects like Ticcoma Green directly contribute to the long-term sustainability of our island communities.”
The complex, which is expected to be completed in 2027, will also feature shared amenities, including parking, a bike shed, a picnic and grill area, EV charging stations, a playground, a community garden, storage, and an onsite management office.
Nantucket continues to experience significant housing shortages, influenced by limited land availability and rising construction costs.
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout