BOSTON — FinanceBoston has arranged a $14,025,000 Construction Loan for a Ground-Up 28-Unit condo project in the Roxbury neighborhood of Boston, MA.  The 1.1-acre vacant land parcel will be transformed into a five story, 28-unit residential building, and is part of the master plan to redevelop the former Bartlett Station.  The 28 residences range from 2-bed and 3-bedroom units with 31 garage parking spaces and an elevator.  

“We are proud to take part in the utilization of this land, and to assist in reviving the historic Nubian Square neighborhood.” said Brian Rooney, Principal at FinanceBoston. “It’s vacant land in a great location, and through a collaborative process with the community and City, will now be transformed into something that benefits the neighborhood.” FinanceBoston’s Patrick Woods added, “This developer has a stellar development track record, and there is no doubt he will exceed our expectations in completing a new staple for this community. We can’t wait to see the finished product!”

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.