BOSTON — FinanceBoston has arranged a $4,220,000 construction loan for a of six luxury condominiums in South Boston, MA. The developer is razing the existing dilapidated property and replacing it with a ground-up development that will meet the needs of today’s buyers.
“We were impressed by our client’s ability to get the project approved. By working closely with abutters and the neighborhood, designed a building the street can be proud of,” said Brian Rooney, Senior Associate at FinanceBoston. “By listening to and working with the abutters, the developer was able to add six off-street parking spaces to the rear of the property, where none had existed before, thus alleviating the demand for on-street parking. This created a true win-win for all involved.”
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.
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