FinanceBoston arranges $7.63 million construction loan

Boston, MA FinanceBoston has arranged $7.63 million in high leverage senior construction financing for a five-unit condo development located in the Downtown Crossing. 

The property benefits from frontage on Boston Common, with amazing views over the Common, toward Beacon Hill. 

“This closing was completed by providing a construction loan for our client, midway through the project,” said Brian Rooney, associate at FinanceBoston. “I am excited to see the final product, and this developer always delivers with top of the line finishes.”

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 loyal client base that continuously relies on the firm’s creative capital advisory solutions for both debt and equity needs.