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Hotel Alexandra Update 08/15/22

$10 Million Bridge Financing Secured for Approved South End Multifamily

FinanceBoston has arranged a $10,000,000 loan for an approved high density residential development in Boston’s coveted South End neighborhood. This loan allows the developer to create and obtain construction drawings before finally going vertical next year. The end product will be a 13-story, 80,000Sq. Ft. Mixed Use development consisting of 76 condominium units & 1 retail/commercial space.

“This is a stunning development in the South End neighborhood, combining modern design with the Historic building façade from 1899. It will be one of very few high-rise buildings in the area and judging by our clients track record and expertise, we know the units will be of the highest quality.” said Alex Blake, Senior Associate at 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 firm’s creative capital advisory solutions for both debt and equity needs.

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