
FinanceBoston has arranged a $11 million senior loan secured by a nationally flagged hotel property centrally located in a Boston suburb. The property was constructed in 2005 and has multiple amenities including a fitness center and indoor pool.
“This closing was completed by arranging competitive Swap financing which reflected the strength of the asset and it’s long-time owner, who also build this property years ago“ said Doug Landry, Principal at Boston-based FinanceBoston. “Now is a great time for any commercial real estate owner to look at locking in historically low long-term rates.”
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.
