FinanceBoston Arranges $4,765,123 in Construction Financing for Three Residences on Nantucket
BOSTON — FinanceBoston advised and arranged $4,765,123 in senior financing for the construction of three top-end luxury homes on Nantucket. The homes will be part of an exclusive 13-lot subdivision and will be the only three homes with direct frontage on the legendary Miacomet Golf Course.
The financing was arranged via long-standing capital market relationships and involved closing in 21 days.
“My client required certainty of execution in a tight timeframe, and high-leverage construction financing for the completion of the project,“ said Doug Landry, Principal at Boston-based FinanceBoston. “The team that we assembled did an excellent job of turning this around rapidly during the holidays. This is an amazing opportunity, and I am excited to see the finished product next year.”
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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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