471-477 Hanover Street Update 03/05/21

$5.7M Construction Loan Secured for North End Luxury Condo Conversion

FinanceBoston has arranged $5.7 million to convert an apartment building in Boston’s historic North End neighborhood into seven luxury condos. The project includes expanding the existing useable area by creating living space on the garden level and converting two exterior stairwells into a single centralized stairwell.

“My client was successful in obtaining approvals for the proposed renovations, which will add significant value to the property,” said Doug Landry, Partner at FinanceBoston.  “Now comes the fun part. I look forward to seeing how this project advances in the year ahead.”

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