BOSTON — FinanceBoston has arranged $5,512,500 in debt financing for the acquisition of a single-family property on Marlborough Street in Boston’s Back Bay. Additionally, the loan will cover the cost to renovate and convert the property into two luxury duplex condominium units. The floor plans will total six bedrooms, six baths, a newly finished basement and elevator access to the upper unit.
“It was a pleasure to work with my client on this transaction” said Alex Blake, Senior Associate at FinanceBoston. “The conversion of this underutilized building to luxury condominiums is in keeping with the street’s luxury residential use. I’m very much looking forward to seeing the end product, as I know my client has a proven track record of delivering high-end results.”
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.
FinanceBoston has the experience, relationships, and expertise to get you the most advantageous financing solution. Contact us today, or Request Financing here.
