FinanceBoston Arranges $12.4 Million Senior Permanent Loan for 407 Washington Street, a multi-family and retail building located in the Downtown Crossing neighborhood of Boston, Massachusetts.

Dec 15, 2017

December 2017

BOSTON—FinanceBoston, a capital advisory firm, provides real estate operators/developers with custom capital solutions for acquisitions and developments. Founded in 2004, FinanceBoston has earned a loyal client base that continuously relies on the firm’s honest and creative capital advisory approach.

407 Washington Street is a fully-occupied, mixed-use residential/retail building, located within one of Boston’s most sought-after neighborhoods, Downtown Crossing.

The historic art deco building is ideally positioned across the street from the Millennium Tower in a dense urban-infill environment replete with shopping, entertainment and cultural attractions.
FinanceBoston arranged and structured a favorable permanent loan that includes an advantageous 5-year interest-only period to replace a renovation loan, which was also arranged by FinanceBoston to reposition the property.

“We are excited to be a part of the repositioning of this special building into its highest and best use in one of the hottest neighborhoods in downtown Boston” said Fergal Woods, Managing Partner of Boston-based FinanceBoston. Visit: financeboston.com

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