The Residences at 566 Update 11/04/20

New Boston Ventures Closed on 566 Columbus Ave for $13M, Secured Construction Loan for $46M

566 Columbus Avenue has been sold by United South End Settlements to a New Boston Ventures affiliate for $13,250,000. The developer also secured a loan for $46,600,000 from East Boston Savings Bank to begin demolition and construction on the site. The project will create a new, six-story mixed-use building featuring 66 residential units in the South End.

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