MG2, one of the largest architecture firms in the nation, will use a recently obtained $38 million floating-rate loan to transform two of the company’s mixed-use assets in downtown Worcester, MA to luxury apartments.

The adjacent Bancroft on the Grid and Portland on the Grid communities combined boast 335 apartments and 27,000 square feet of street-level retail space along the Common on Franklin St. The two complexes are part of the larger Grid…

Article From: "Key Realty Commercial Real Estate News"   Read full article