Residence at Readville Station Update 03/25/21

FinanceBoston Arranges $6.2M Pre Development Loan for Readville Station Development

FinanceBoston has arranged a pre-development loan valued at $2,600,000 for the 273-unit Residence at Readville Station project in Hyde Park. 

"This cash out refinance was obtained by leveraging our relationships with local lenders", said Fergal Woods, Managing Partner at FinanceBoston.

"The site is adjacent to the Readville MBTA train station with excellent connectivity to Downtown Boston", said Brian Rooney, Senior Associate at FinanceBoston.

The approved redevelopment program consists of the construction of approximately 273 residential units in two buildings providing a mix of rental and homeownership, with accessory garage parking for 200 vehicles.

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