FinanceBoston has arranged a $25.715 million senior construction loan for the ground up development of a 160-room hotel in Wrentham, MA. The hotel will be the final piece to the multi-phased, 53-acre project.
“The financing was completed with a syndicate of local lenders, who saw the potential for the site and who are well aligned with my client’s vision for the construction of this property“ said Doug Landry, Partner at Boston-based FinanceBoston. “I am excited to see the finished project, which will add much needed room count to an underserved hotel market.”
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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