223-231 Boylston Street Update 10/08/20

Brookline Condo Project Secures $4.7M In Acquisition & Construction Financing

FinanceBoston has arranged $4,733,626 in senior debt financing for the acquisition of the property located at 223-231 Boylston Street in Brookline, MA. In addition, the loan will provide proceeds to demolish the existing structure and construct five luxury condo units with a dozen on-site parking spaces. Through a mix of modern and traditional architecture, the project will enhance the neighborhood, blending traditional and modern elements. 

“This closing was completed by arranging highly competitive terms commensurate with the strength of the sponsor and the location, “ said Doug Landry, Partner at FinanceBoston. “I look forward to seeing this project as it progresses, and to provide much needed new housing for the Brookline community”.

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.

223 Boylston

 

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