FinanceBoston has arranged a $6.37 million senior construction loan for the ground up development of a 16-unit luxury condo project in East Boston. The project will involve sixteen structured parking spaces, and a common rooftop terrace with stunning Boston skyline view.
“The financing was completed with a local bank who saw the potential for the site and who was well aligned with my client’s vision for the construction of this property“ said Doug Landry, Principal at Boston-based FinanceBoston. “I expect the sell out to go very quickly for this premier location, and look forward to working with this team again in the future.”
FinanceBoston, a real estate capital advisory firm, provides real estate operators & developers with custom capital 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.
