Ocean Edge Estates
Update
05/31/20
$5.5M Construction Loan Secured for North Shore Luxury Condo Project
A $5.5M construction loan has been secured for the Ocean Edge Estates in Swampscott. The waterfront development will offer six luxury condo homes, all with unique layouts ranging in size from 3,416 to 4,932 square feet. The financing was arranged by FinanceBoston, a real estate capital advisory firm. “The financing was completed with a local bank who saw the potential for the project and understand the rarity of new construction homes on the Atlantic Ocean,” said Brian Rooney of FinanceBoston. “As a resident of Swampscott myself, I’m proud to have played a small role in this project and am excited to see the final product. This developer has raised the bar with the level of finishes. Ocean Edge Estates is a truly breathtaking development.”
For more information on this project visit https://oceanedgeestates.com/.
