FinanceBoston arranges $8.5m in long term fixed-rate financing

October 04, 2019 - Front Section

Boston, MA FinanceBoston has arranged a $8.5 million senior loan secured by a mixed use property in the city’s South End neighborhood. The brick property was constructed in 1920, and includes period details to go along with below grade parking and excellent frontage on two of the neighborhood’s streets, Appleton and Tremont.

“This closing was completed by arranging highly competitive terms commensurate with the strength of the asset and it’s long-time owner,” said Doug Landry, principal at FinanceBoston. “Now is a great time for any commercial real estate owner to look at locking in historically low long term rates.”

 

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