BOSTON — FinanceBoston has arranged a $3,200,000 cash out refinance for a multifamily portfolio in Boston, MA. The loan encompasses several properties throughout the neighborhoods of Dorchester, Mattapan, and Hyde Park. A regional bank provided a 10-year fixed rate mortgage sub 3.0%.
“We were excited to secure such attractive terms for our client and to allow a sizable cash out while also securing a very low rate” said Brian Rooney, Senior Associate at FinanceBoston. “Dealing with multiple properties’ and paying off several different lenders invited a few complexities but we were very satisfied with the end result securing a rate in the 2’s.”
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.
