FinanceBoston Arranges a $5,700,000 Senior Loan to Gut Renovate a North End Apartment and Convert to Seven Luxury Condominiums

Mar 2, 2021

BOSTON — FinanceBoston has arranged $5.7 million to convert an apartment building in Boston’s historic North End neighborhood into seven luxury condos. The project includes expanding the existing useable area by creating living space on the garden level and converting two exterior stairwells into a single centralized stairwell.

“My client was successful in obtaining approvals for the proposed renovations, which will add significant value to the property” said Doug Landry, Partner at FinanceBoston.  “Now comes the fun part. I look forward to seeing how this project advances in the year ahead.”

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.

 | Commercial Real Estate Loans

Archives

Pin It on Pinterest