FinanceBoston Arranges $11,000,000 in Long Term Fixed-Rate Interest Rate Swap Financing Secured by a Nationally Flagged Hotel Asset

Dec 17, 2019

Hotel Financing Cash Out Refinance Devens Marriott

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.

 | Commercial Real Estate Loans

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