FinanceBoston arranges $2.7m high leverage senior construction financing

May 10, 2019 - Front Section

Charlestown, MA FinanceBoston has arranged $2.7 million high leverage senior construction financing for a brownstone renovation located near the Community College MBTA Station, Whole Foods, and other local amenities. The property benefits from frontage on the city’s historic Winthrop Sq. Training Field, with Boston skyline views. 

“This closing was completed by arranging a construction loan for our client midway through the project while allowing for minimal cash equity from the developer,” said Doug Landry, principal at FinanceBoston. “I am excited to see the final product right around the corner from my own home.”

FinanceBoston, a real estate capital advisory firm, provides real estate operators and developers with custom capital markets solutions for acquisitions, developments and refinances. Founded in 2004, FinanceBoston has earned a client base that continuously relies on the firm’s creative capital advisory solutions for both debt and equity needs.

 

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