FinanceBoston
Update
10/23/18
FinanceBoston Arranges Tailored Preferred Equity Program for Ground-Up Condominium Project in Brookline
FinanceBoston advised and arranged the equity financing with a highly flexible international capital source which was willing to go higher up the capital stack (97% of total cost) than many traditional equity investors. The financing was arranged via long-standing capital market relationships and closed within 30 days.
The project involves acquiring and razing an existing single-family home and building high-end luxury condos on site.
"Our client required a specialized approach and quick financing execution to address the uniqueness of the building and our client's vision for the adaptive repositioning of the asset," said Doug Landry, Principal at Boston-based FinanceBoston.
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 firms honest and creative capital advisory solutions.