BOSTON – FinanceBoston has arranged a $9,120,000 construction loan for a 34-unit apartment building in Hyde Park, MA.
Straddling the neighborhoods of Hyde Park and Roslindale, 804 Hyde Park Ave is situated in a prominent urban infill location with convenient MBTA access, including nearby bus lines and proximity to the Roslindale Village Commuter Rail Station and the Forest Hills Orange Line.
The development will feature garage parking, top-of-the-line finishes, and attractive amenities. The development team are highly experienced multifamily builders and operators who will guide the project through construction and into lease-up and stabilization.
“In Boston’s current environment, where workforce housing falls short of the surging demand, we are thrilled to arrange the debt financing for this 34-unit apartment building,” said Brian Rooney, Principal at FinanceBoston.
FinanceBoston, a real estate capital advisory firm, provides real estate operators and developers with tailored 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.
