NANTUCKET- FinanceBoston has arranged a $10,000,000 loan for the acquisition of three contiguous properties in downtown Nantucket. The Properties sit on a combined 0.45 acres lot. This loan allows the developer to acquire the portfolio and provides time to create and solidify a business plan. Two of the properties are former inns and are 228 and 211 years old. They’re antique in style and in keeping with the historical Downtown Nantucket aesthetic.

“These are stunning properties in the most sought-after corner of Massachusetts. I’m delighted to be able to assist our client with the acquisition and excited to see what plans they have in store! Judging by our clients track record and expertise, we know the finished product will be of the highest quality and a welcome addition to the island.” said Alex Blake, Senior Associate 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.