FinanceBoston Arranges $5,500,000 Construction Loan for a Waterfront Development in Swampscott

May 30, 2020

BOSTON — FinanceBoston has arranged senior debt financing for the construction of a six home development in the town of Swampscott on the North Shore of Boston.

  “The financing was completed with a local bank who saw the potential for the project and understand the rarity of new construction homes on the Atlantic Ocean,” said Brian Rooney of FinanceBoston.  “As a resident of Swampscott myself, I’m proud to have played a small role in this project and am excited to see the final product.  This developer has raised the bar with the level of finishes. Ocean Edge Estates is a truly breathtaking development.”

  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.

 | Commercial Real Estate Loans

 

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