LandUP Capital Arranges $6.4M Construction Loan For 1093 Beacon Street Development In Brookline

The asset involved in this transaction is a development site located at 1093 Beacon Street, Brookline, MA. The loan amount is $6,400,000, and it is designated for construction purposes. This site is being redeveloped to transform the existing brick building into luxury condominiums within a highly sought-after neighborhood in Greater Boston.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $6,400,000
• Loan Type: Construction
• Broker: LandUP Capital
• Market: Brookline, MA

LandUP Capital arranged the financing for this project, focusing on the acquisition and construction aspects to facilitate the redevelopment effort. The project aims to capitalize on the location's desirability by converting the property into luxury residential units.