BOSTON – FinanceBoston has arranged a $5,500,000 senior acquisition loan of a mixed-use office and retail building in Newton, MA.
Originally built in 1880 as a Methodist Church, the structure was converted in the 1980’s to mixed-use office and retail building now known as Langley Place.
“Although much of the office market struggled over the past few years, location and flexible workspace have become the focal point for users and operators alike,” said Brian Rooney, Principal at FinanceBoston. “Newton Center is a vibrant bustling village, and Langley Place with its distinctive Puddingstone walls, offers a unique balance of charm and flexible modern office space.”
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.
Acquisition Loan
