FinanceBoston Arranges $8.5M in Long Term Fixed Rate Interest Rate Swap Secured by South End Property

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

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

FinanceBoston, a real estate capital advisory firm, provides real estate operators & developers with custom capital 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.

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