175 Marlborough St. #2 Update 05/17/20

Historic Back Bay Penthouse Acquired for $4.55M

Developer Ad Meliora has acquired the triplex penthouse unit at 175 Marlborough Street in Back Bay for $4.55M. The historic home features five bedrooms, three and a half bathrooms, an outdoor terrace, and roof deck. $4.140 in senior debt financing for the acquisition and renovation of the project was arranged by FinanceBoston.  "The location of this project is second to none," said Fergal Woods, Managing Partner of FinanceBoston. "While the property was put under agreement pre-Covid-19, our team delivered on the agreed terms and adapted well to how social distancing has changed appraisals, site inspections, closings, etc," added Brian Rooney, Associate. 

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