FinanceBoston Arranges $8,500,000 in Long Term Fixed-Rate Interest Rate Swap Financing Secured by a South, End Boston, Massachusetts Mixed Use Building
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BOSTON MA — FinanceBoston has arranged a $8.5 million senior loan secured by a mixed use property in Boston’s South End neighborhood. The brick property was constructed in 1920, and includes extensive period details to go along with ample below grade parking and excellent frontage on two of the neighborhood’s premier streets, Appleton and Tremont.
“This closing was completed by arranging highly competitive terms commensurate with the strength of the asset and it’s long-time owner“ said Doug Landry, Principal at Boston-based FinanceBoston. “Now is a great time for any commercial real estate owner to look at locking in historically low long term rates.”
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FinanceBoston, a real estate capital advisory firm, provides real estate operators and 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.
