BOSTON — FinanceBoston has arranged a $4,220,000 construction loan for a of six luxury condominiums in South Boston, MA.  The developer is razing the existing dilapidated property and replacing it with a ground-up development that will meet the needs of today’s buyers.

“We were impressed by our client’s ability to get the project approved. By working closely with abutters and the neighborhood, designed a building the street can be proud of,” said Brian Rooney, Senior Associate at FinanceBoston. “By listening to and working with the abutters, the developer was able to add six off-street parking spaces to the rear of the property, where none had existed before, thus alleviating the demand for on-street parking.  This created a true win-win for all involved.”

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.