BOSTON — FinanceBoston arranged a $3,000,000 construction loan for seven (7) rental units in Dorchester, MA. The project entails converting an existing 3-family into a 4-family, as well as the ground up construction of a 3-family on an abutting vacant lot.
“This deal is personally one of my favorite types of development,” said Brian Rooney, Principal at FinanceBoston. “Development without displacement is rare to see as urban infill sites are few and far between. It’s great to see new housing units in today’s supply constrained market”.
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.
