BOSTON — FinanceBoston arranged a $3,250,000 cash-out refinance for a ten (10) unit mixed-use retail and residential Building in the Oak Square area of Brighton, MA. A local bank provided a fixed-rate mortgage of 3.0%
“This building has been in the sponsors family for close to 50 years. It’s in an excellent location in the vibrant Oak Square area of Brighton.” said Shane Carthy, Senior Associate at FinanceBoston. “I was very excited about this deal as we were able to secure such favorable terms with a sizeable cash-out and a very low rate for our clients.”
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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