Victoria Residences
Update
02/02/21
$15.67M in Financing Arranged for Mixed-Use Development in Beacon Hill
FinanceBoston has arranged $13,720,000 in Senior Debt and $1,953,000 in Mezzanine Financing for the redevelopment of a church located in Beacon Hill, Boston. The former church is being converted to three luxury residential units and a grand creative office space. The property is strategically located in the premier Beacon Hill neighborhood of Boston, MA with excellent access to Downtown Boston and all transit. Fully permitted and approved, the developer will repurpose the existing structure while adhering to the property’s historic nature.
“We were pleased to be able to structure very competitive financing for this development and enable our clients to turn their vision into reality with the adaptive repositioning of the asset” said Fergal Woods, Managing Partner at FinanceBoston. “I’m really excited to see the finished product, it’s truly a one of a kind project” added Brian Rooney, Senior Associate.
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.
