The asset involved is a 32-unit condominium project located at 121-123 Prospect Street in Somerville, MA. This multifamily property includes 5 affordable units and offers 18 parking spaces. The amount associated with the project is a construction loan of $9,575,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,575,000
• Lender: David Grossman - First Boston Capital Partners
• Loan Type: Construction
• Market: Somerville, MA
• Note: The loan is designated for a 32-unit condominium project, which includes 5 affordable units and 18 parking spaces.

David Grossman of First Boston Capital Partners acted as the lender in this transaction, providing the financing necessary for the construction of the condo project in Inman Square, an area known for its development potential. His role was crucial in facilitating the project, ensuring the financial resources were in place for the construction efforts.