WINCHESTER – FinanceBoston has arranged a $8,960,000 loan for an approved residential development in the heart of Winchester, MA. This loan allows the developer to create and obtain construction drawings before finally going vertical next year. The end product will be a 5-story Mixed Use development consisting of 43 residential units with parking & 1 retail/commercial space.
“We were impressed by our client’s ability to get the project approved. By working closely with abutters and the neighborhood, they designed a building the town can be proud of” said Alex Blake, Senior Associate 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.
FinanceBoston Provides Real Estate Capital and Advisory Services to Investors and Developers.
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