LandUP Capital has arranged $10,819,000 in senior construction financing for Phase II of the Lofts at Kettle Brook Falls in Worcester, MA. The development is being spearheaded by Daniel Bandar of Bandar Development and John Murphy of Summit Real Estate Strategies. The project will involve bringing 59 luxury units to the Worcester Metro, with deliveries expected to begin in Spring 2026.
“We are extremely honored and excited to have the opportunity to work with the City of Worcester, the community and the residents at the Lofts at Kettle Brook Falls to redevelop the remaining 59 units of this magnificent property” said Dan Bandar. “This redevelopment comes at a crucial time where new housing is essential for the continued prosperity and growth of the area. Tremendous gratitude to Doug Landry of LandUP Capital and CountryBank for their hard work and commitment to arrange the financing. We look forward to celebrating this monumental development at the upcoming groundbreaking ceremony and showcase all that the Lofts at Kettle Brook Falls has to offer.”
John Murphy added “We are very excited to finish off the final phase of this project and bring to light how truly special this property is. We couldn’t have brought this opportunity to fruition without LandUP Capital and we look forward to highlighting this beautiful property to the community“
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