BOSTON — FinanceBoston has arranged $6,200,000 in debt for pre-development activities of a 273-unit project in the Hyde Park neighborhood of Boston. Previously used as light industrial, the 2.7 acre transit-oriented-development will kick start the repurposing of under-utilized industrial land adjacent to Readville MBTA train station.
“This cash out refinance was obtained by leveraging our relationships with local lenders”, said Fergal Woods, Managing Partner at FinanceBoston. “The site is adjacent to the Readville MBTA train station with excellent connectivity to Downtown Boston” added Brian Rooney, Senior Associate at FinanceBoston.
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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