BOSTON — FinanceBoston has arranged a $4.756 million construction loan for a 4-unit townhome-style condo redevelopment project in South Boston.  The project will include the demolition of the existing structure to erect a new 4-story, 4-unit condo building with eight (8) on-site parking spaces. The property is located steps from Pleasure Beach, offering nearby ocean access and comfortable living space in the family-friendly Eastside neighborhood of South Boston.

  “This project was structured with a local bank and a FinanceBoston-led preferred equity tranche, to provide a highly attractive capital structure for our long-term client,” said Fergal Woods, Managing Partner at FinanceBoston. “We’re excited to see how this development progresses and positively impacts the neighborhood”.

  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.