375 Cummins Highway Update 05/13/24

FinanceBoston Arranges $16M in Construction Financing for the Development of 49 Luxury Apartments in Roslindale

FinanceBoston has arranged $16,000,000 in financing through North Shore Bank for the construction of a new luxury apartment project approved for 375 Cummins Highway in Roslindale. Plans for the site call for 49 apartments along with a gym, and a common/meeting room where residents could gather or work remotely.

“The project is a prime example of eliciting a property’s highest and best use” said Brian Rooney, Principal at FinanceBoston. “It’s vacant land in a great location, and through a collaborative process with the community and City, will now be transformed into something that benefits the neighborhood.  This developer has a stellar track record for owning and developing multifamily property, and I’m looking forward to following this project and seeing the finished product.”

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