BOSTON — FinanceBoston has arranged a $4.756 million construction loan for a 4-unit townhome-style condo redevelopment project in South Boston. The project will include the demolition of the existing structure to erect a new 4-story, 4-unit condo building with eight (8) on-site parking spaces. The property is located steps from Pleasure Beach, offering nearby ocean access and comfortable living space in the family-friendly Eastside neighborhood of South Boston.
“This project was structured with a local bank and a FinanceBoston-led preferred equity tranche, to provide a highly attractive capital structure for our long-term client,” said Fergal Woods, Managing Partner at FinanceBoston. “We’re excited to see how this development progresses and positively impacts the neighborhood”.
FinanceBoston, a real estate capital advisory firm, provides real estate operators & developers with custom capital markets 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.
FinanceBoston has the experience, relationships, and expertise to get you the most advantageous financing solution. Contact us today, or Request Financing here.
