FinanceBoston Arranges $6,600,000 in Long Term Fixed-Rate Non-Recourse Financing Secured by a Mixed-Use Facility on #Nantucket #Massachusetts

FinanceBoston Arranges $6,600,000 in Long Term Fixed-Rate Non-Recourse Financing Secured by a Mixed-Use Facility on Nantucket

BOSTON — FinanceBoston has arranged a $6.6 million senior loan secured by Old South Self Storage and a mixed use building. The storage facility was constructed in 2017, and includes two below-grade levels, full climate control and advanced security features.

“This closing was completed by arranging highly competitive terms commensurate with the strength of the asset and it’s rapid stabilization resulting strong performance“ said Doug Landry, Principal at Boston-based FinanceBoston. “This is the best facility in the market, with the best operator.”

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.

FinanceBoston Provides Real Estate Capital and Advisory Services to Investors and Developers.

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FinanceBoston has the experience, relationships, and expertise to get you the most advantageous financing solution. Contact us today, or Request Financing here.

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