Elm Grove Companies and Harborfields Realty Investors LLC are pleased to announce the successful closing of a $2.1 million supplemental loan on Wadleigh Falls, a 57-unit age-restricted (55+) community located at 290 Wadleigh Falls Rd. in Newmarket, NH. Patrick Brady, President of Brady Capital Advisors, brokered the loan through Eastern Bank and was also responsible for placement of the original debt through Eastern Bank at acquisition.

Elm Grove Companies, a New Hampshire-based real estate firm, has announced the start of construction on Hale Crossing, a new 55-unit workforce housing community located at 21 Cross Street, Newport, NH.

Elm Grove Companies, a New Hampshire-based real estate development firm, announced it is nearing completion of The Rapids on Cocheco, a 52-unit workforce housing community located at 29 Wadleigh Road in Rochester, NH. This development marks Elm Grove’s ninth affordable housing venture in the state, adding to a growing portfolio of more than 430 apartments completed or under construction.