Crowd Lending Provides $3.01M Construction Loan For Development Site In Boston, MA

A construction loan in the amount of $3,013,500 has been secured by Crowd Lending for the development site located at 43-47 Fremont Street in Boston, MA. The property has a total area of 43,704 square feet. The loan will be used for the construction of a new project on the site.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $3,013,500
• Address: 43-47 Fremont Street, Boston, MA
• Market: Boston, MA
• Lender: Crowd Lending
• Landlord: Sean Cardinal O'Malley - OFM CAP
• Lender's Representative: Robert Nichols - MIG Realty

Robert Nichols from MIG Realty represented Crowd Lending as the lender's representative in the deal. The loan is of the construction type and will facilitate the development of a new project on the development site.