BOSTON — FinanceBoston arranged a $3,250,000 cash-out refinance for a twelve (12) unit mixed-use building in Dorchester, MA.
“This deal was exciting throughout and one of my favorite types of refinance deals.” said Shane Carthy, Senior Associate at FinanceBoston. “This building was purchased in 2021 by the sponsors, they completed some renovations and we re-financed the loan with them for a higher loan amount at a much better rate. This was our first deal with the sponsors, who were excellent to work with and we have now created a brilliant new business relationship.”
FinanceBoston, a real estate capital advisory firm, provides real estate operators & developers with custom capital solutions for acquisitions, developments, and refinances. Founded in 2004, FinanceBoston has earned a loyal client base that continuously relies on the firm’s creative capital advisory solutions for both debt and equity needs.
