SOMERVILLE — FinanceBoston Arranges $12,550,000 in Construction Debt and JV Equity for the Development of 20 Luxury Condominiums in Somerville, MA.
The strategically structured financing package reflects the collaborative efforts of Shane Carthy (Principal – FinanceBoston) and Brian Rooney (Principal – FinanceBoston). Their confidence and experience not only validates the project’s viability but also emphasizes the position of FinanceBoston as a trusted player in the real estate development landscape.
Shane Carthy says “This joint venture signifies not only a financial collaboration but a partnership founded on mutual trust and a shared vision for the future of real estate. We look forward to witnessing the creation of a truly iconic living experience in the vibrant city of Somerville”. The building sits on the highest point in Somerville adding a distinctive element to the project, offering residents unparalleled views of the Boston City skyline. The incorporation of this unique aspect exceeds the expectations of luxury living.
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.
