BOSTON — FinanceBoston has arranged $10,000,000 in debt to develop a mixed-use residential property in Mattapan, Boston. The project will consist of thirty-nine (39) apartments, three (3) retail/ commercial units, and forty (40) garage parking spaces. The property is located near Mattapan Square, which provides direct access to both the MBTA Red Line via the Mattapan Trolley, as well as the Indigo Line via the Blue Hill Avenue commuter rail station.
“Wellington at 1301 will be one of the best new residential buildings in the area” said Brian Rooney, Senior Associate at FinanceBoston. “Mattapan has a severe shortage of new apartments, and with improved connectivity to Downtown Boston the neighborhood has little to no vacancy. I am excited to see this project progress and look forward to working with this team again in the future.”
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.
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