Spiegel of Spiegel Associates arranges $5.3 million construction loan

 

 

Brighton, MA Sidney Spiegel of Spiegel Associates arranged a $5.3 million construction loan for a condominium project at 386 Market St. The loan will finance the construction of a 17-unit condominium project. The loan was funded by a major regional bank that saw the value of the project to the community. The project will consist of 17 condo units. It will also include an underground parking garage. Of the 17 units, 2 will be affordable. 

 Spiegel Associates works closely with union pension plans, insurance companies, conduits, commercial banks, and local savings banks to provide competitive rates and terms for all types of commercial real estate. Spiegel Associates’ expertise and relationships with a variety of funding sources provides solutions to the financing needs of investors and developers.