FinanceBoston Secures $3.675M Construction Loan For East Boston Development Site

Located at 250 Bremen Street in East Boston, MA, the property in question is a development site earmarked for a four-story mixed-use development. The asset will comprise eight luxury condominiums along with a ground-floor retail unit.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $3,675,000
• Address: 250 Bremen Street
• Market: East Boston, MA

Alex Blake & Michael Dignan of FinanceBoston played a pivotal role in securing a $3,675,000 construction loan for the acquisition and development of the property. The loan will facilitate the construction of the envisioned mixed-use development, highlighting their expertise in financial structuring within the real estate market.