BOSTON — FinanceBoston has arranged construction financing for an 8-unit luxury condo development in Melrose, MA.

“The financing for this project was unique in that we refinanced mid-construction from a private lender to a traditional bank, lowering the cost of capital significantly“ said Brian Rooney of FinanceBoston. “I’m excited to see the finished product. Melrose is a really good market and this developer always delivers with top of the line finishes”.

FinanceBoston, a real estate capital advisory firm, provides real estate operators and 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.