Eastern Real Estate and The Kane Co. have secured $96.8 million in construction financing for Prescott Post, a 360-unit class A multifamily development in Portsmouth, N.H.
Set on 26 acres, this 100 percent market-rate project will feature more than 2.7 acres of green and community space, a best-in-class amenity offering, and a diverse unit mix spread across a collection of three- and four-story buildings. Resident amenities include multiple club rooms, co-working spaces, an indoor/outdoor fitness suite with yoga studio, outdoor kitchens, fire pits, a dog run with pet wash station, and private single-car garages. Units will feature premium finishes, including quartz countertops, stainless steel Energy Star appliances, in-unit washers and dryers, and ample natural light through Juliet balconies and oversized windows.
Prescott Post is proximate to Pease International Tradeport, which houses 250-plus companies employing more than 10,500 people across 5 million square fee
