FinanceBoston in the News

FinanceBoston Arranges $6,600,000 in Debt and $2,700,000 in Preferred Equity for a 10-Unit Townhome Development in Somerville, MA.

SOMERVILLE — FinanceBoston arranged construction financing for a new ten-unit development located in Somerville, MA.  The property is comprised of ten (10) new construction duplex style townhomes, and ten (10) parking spaces. “We were impressed by our client’s ability to get the project approved.  They worked closely with the City of Somerville, and all the stakeholders in the neighborhood to design a project they can all be proud of”, said Brian Rooney, Principal at FinanceBoston.  “The previous building on this property was as a vacant commercial building so it’s great to see 10 much...


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