FinanceBoston Arranges $2.72M Permanent Loan for Ashland Light-Industrial Property

FinanceBoston has arranged permanent financing for a multi-tenanted asset located directly off Route 126, just south of Downtown Framingham. The 4.0 acres of land were purchased in 2014 and redeveloped into three (3) buildings, after undergoing serious environmental clean up for the site. The property was then subdivided into thirteen (13) individual industrial drive-in bays. “This closing was completed with highly competitive terms proportionate to the strength of the asset and its owner, “ said Brian Rooney, Associate at FinanceBoston. “We’re pleased that the owner was able to refinance and take advantage of the current historically low interest rate environment.” 

FinanceBoston, a real estate capital advisory firm, provides real estate operators & developers with custom capital markets 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. 

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