FinanceBoston Arranges $9,000,000 Acquisition Loan for a Short-Term Rental on Cape Cod
BOSTON — FinanceBoston has arranged a $9,000,000 acquisition loan for a short-term rental property in Chatham, MA. This is the highest sale in Chatham’s history and one of the top sales on Cape Cod.
“This legacy property, known as Viewpoint, boasts nearly 7 acres of unprecedented privacy. The house itself is 10,000 SQF with 8 bedrooms and 7.5 bathrooms. Ideally positioned on the Nantucket sound with 1,200 feet of direct shoreline access, it’s no surprise that this is the highest property sale in Chatham’s history.” said Shane Carthy, Associate at FinanceBoston. “We believe the Chatham market and the Short-term rental market on Cape Cod will continue to thrive, and this property will be a great success for all involved.” added Fergal Woods, Managing Partner 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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