BOSTON — FinanceBoston has arranged a $15,000,000 loan for mixed-use property in Downtown Boston. A local bank provided a fixed-rate mortgage at 3.0%.
“We were excited to secure such attractive terms for our client and to allow a sizable cash out while also securing a very low rate,” said Fergal Woods, Managing Partner at FinanceBoston. “We are proud to be a part of refinancing this historic Art Deco building, located in the heart of Downtown Boston,” added Brian Rooney, Principal 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.