FinanceBoston Arranges High-Leverage Preferred Equity Joint Venture for a Luxury Condo Construction Project in Somerville, Massachusetts
BOSTON — FinanceBoston has arranged a preferred equity joint venture for a luxury condo project in Somerville MA, just steps from Inman Square and even closer to the new Green Line extension.
“This closing was completed by arranging highly competitive terms with a repeat investor, allowing the developer to preserve capital for additional attractive deals,“ said Doug Landry, Principal at Boston-based FinanceBoston. “The new project should greatly improve the streetscape once it’s finished while offering new housing options to the community.”
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.
buldup FinanceBoston Arranges High-Leverage Preferred Equity Joint Venture for a Luxury Condo Construction Project in Somerville, Ma
