BOSTON — FinanceBoston has arranged an $39,000,000 Construction Loan for a Ground Up 86-Unit Apartment Development in the Dorchester neighborhood of Boston, MA. The six story building will contain a mix of studios, 1, 2, and 3 bedroom units.
“It was our pleasure to close another deal for this client, and pair them with a capital source who also saw the vision for the property,” said Brian Rooney, Principal at FinanceBoston. “While construction starts in Boston have fallen considerably in the past few years, we believe those breaking ground in 2025 will be rewarded when delivering new rentals in 2026 and 2027. Boston remains a very strong market where demand continues to outstrip supply.”
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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