425 Border Street Update 02/05/20
425 Border Street Financed for $6.37M
The approved condo project at 425 Border Street in East Boston has been refinanced for $6.37M, via a bank facility through North Shore Bank. The 5-story building will feature 16 luxury condos over a 16 space garage in the Eagle Hill Neighborhood. The development team at Navem Partners purchased the approved project in December of 2018. Construction of the project is expected to kick off in February. The financing was arranged by FinanceBoston, a local real estate capital, and advisory firm.