FinanceBoston Arranges $7,400,000 in Construction Financing for a Mixed-Use Asset in Boston’s Historic Back Bay

Dec 16, 2021

BOSTON — FinanceBoston has arranged $7,400,000 in Construction Financing for a Mixed-Use retail and residential asset on Newbury Street in the Back Bay area of Boston. This property is ideally situated along Boston’s hottest shopping & dining corridor: Newbury Street.

“We were delighted to secure such competitive terms for our client that will enable them to completely transform this asset into luxury condominiums and retail space. I look forward to seeing the project come to fruition” said Shane Carthy, Associate at FinanceBoston. “We believe the Boston construction market will continue to thrive in 2022 and this property will be a great success for all involved.” added Fergal Woods, Managing Partner at FinanceBoston.

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.

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