BOSTON — FinanceBoston has arranged a loan increase for a 55 home subdivision in Wrentham, MA.
“Mid-construction refinances are often not for good reasons but this is a good news story. The project (Weber farm) is going great and the sales team have done an amazing job with 25 homes already under agreement,” said Brian Rooney, Senior Associate at FinanceBoston. “To keep up with demand we increased the existing construction revolver loan by $2,950,000 from $8,250,000 to $11,200,000.”
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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