FinanceBoston Arranges a $15,000,000 Cash-Out Refinance for a Mixed-Use Residential and Retail Building

Apr 7, 2022

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.

 

 | Commercial Real Estate Loans

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