BOSTON — FinanceBoston has arranged senior construction financing for a 24-unit high end townhome style rental community in Medfield. The property benefits from its close proximity to the town center of this bedroom community..
“This closing was completed by arranging a highly competitive construction loan for both infrastructure and vertical construction,“ said Doug Landry, Principal at Boston-based FinanceBoston. “I am excited to see the final product and know that my client will create a beautiful community here”.
Added Brian Rooney, Associate at FinanceBoston: “We like that the deal incorporates a release for the 2nd phase of the development while also completing infrastructure for both phases”.
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.