FinanceBoston Arranges $2,700,000 High LTV Construction Loan For Brownstone #Renovation in Historic #WinthropSquare #Charlestown #Boston #Massachusetts #ConstructionFinance

Apr 17, 2019

 | Commercial Real Estate Loans

 

FinanceBoston Arranges $2,700,000 High LTV Construction Loan For Brownstone Renovation in Charlestown’s Historic Winthrop Square

 | Commercial Real Estate LoansBOSTON — FinanceBoston has arranged high leverage senior construction financing for a brownstone renovation located steps away from the Community College MBTA Station, Whole Foods, and other Charlestown amenities. The property benefits from direct frontage on Charlestown’s historic Winthrop Square Training Field, with Boston skyline views.

“This closing was completed by arranging a construction loan for our client midway through the project while allowing for minimal cash equity from the developer,“ said Doug Landry, Principal at Boston-based FinanceBoston. “I am excited to see the final product right around the corner from my own home”.

FinanceBoston, a real estate capital advisory firm, provides real estate operators & developers with custom capital markets 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.

 

 

 

 

 

 

 

 

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FinanceBoston Arranges $5,500,000 Acquisition Loan for a Mixed-Use Building in Newton, MA.

BOSTON – FinanceBoston has arranged a $5,500,000 senior acquisition loan of a mixed-use office and retail building in Newton, MA. Originally built in 1880 as a Methodist Church, the structure was converted in the 1980’s to mixed-use office and retail building now...

FinanceBoston Secures $16 Million Refinance for Brand-New Mixed-Use Building in South Boston

BOSTON – FinanceBoston is pleased to announce the successful arrangement of a $16,000,000 refinance loan for 218–220 Old Colony Avenue, a newly constructed mixed-use property in South Boston featuring 34 residential rental units and ground-floor retail space. The...

FinanceBoston Arranges $14,658,000 Financing for the Acquisition and Construction of 32 Luxury Condominium Units and 1 Commercial Space in East Boston, MA

BOSTON – FinanceBoston has arranged a $14,658,000 senior debt loan for the acquisition and construction of 32 luxury condominium units and 1 commercial space located in East Boston, MA. The project will deliver twenty-seven market-rate condominium units and five...

FinanceBoston Arranges $6,550,000 in Senior Debt and Preferred Equity Financing for A 26-Unit Adaptive Reuse Development in Riverside, Ri

BOSTON - FinanceBoston has arranged a $5,300,000 senior debt loan along with $1,250,000 in preferred equity for the construction of a 26-unit adaptive reuse development in Riverside, RI. Situated on 1.5 acres, this 18,500 SF vacant commercial property formerly...

FinanceBoston Secures $16.6 Million in Capital for a Luxury Condominium Development in Somerville

BOSTON – FinanceBoston has successfully arranged $12,760,000 in senior debt and $3,870,000 in preferred equity for the development of a 34-unit condominium project at 9 Taylor Street in Somerville, MA. The project, led by an experienced sponsor with a consistent track...

FinanceBoston Arranges $2,150,000 in Financing to Refinance a 4-Unit Mixed-Use Property in South Boston, MA

BOSTON – FinanceBoston has arranged a $2,150,000 loan for the refinance of a 4-unit mixed-use property located at 921-923 East Broadway, South Boston, MA. The property consists of three residential units and one retail unit. The sponsor initially utilized a hard money...

FinanceBoston Arranges $6,430,000 Senior Debt and Preferred Equity Financing for A Luxury Somerville Condominium Development

BOSTON – FinanceBoston has arranged $6,430,000 in senior debt financing along with $1,150,000 in preferred equity for the acquisition and construction of a boutique condominium development in Somerville, MA. The project will deliver eight market-rate condominium units...

FinanceBoston Arranges $5,470,000 Financing for the Acquisition and Renovation of a Boutique Hotel in Nantucket’s Downtown Historic District

BOSTON – FinanceBoston has arranged a $5,470,000 senior debt loan for the acquisition and renovation of a 10-bedroom Boutique Hotel located in the heart of Nantucket’s Downtown Historic District. The financing will enable the sponsor to launch the property as a guest...

FinanceBoston Has Arranged a $1,600,000 Refinancing for an Eight-Unit Multifamily Property in Dorchester, MA.

BOSTON – FinanceBoston has arranged a $1,600,000 senior debt loan for the refinance of the eight-unit multi-family property located at 116 Wales Street, Boston, MA. FinanceBoston arranged the original acquisition financing for the property in January 2025. Upon...

FinanceBoston Has Arranged a $2,400,000 Cash-Out Refinancing for the Iconic Shamrock Pub in South Boston, MA.

BOSTON – FinanceBoston has arranged a $2,400,000 loan for the refinance of the mixed-use property located at 501-505 E 8th Street, South Boston, MA. This property is comprised of 4 residential units and the iconic pub/restaurant known as the “Shamrock Pub.” This marks...

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