About
MassDevelopment, the state’s finance and development agency, works with businesses, nonprofits, financial institutions, and communities to stimulate economic growth across the Commonwealth. Through these collaborations we help create jobs, increase the number of housing units, revitalize urban environments, and address factors limiting economic growth including transportation, energy, and infrastructure deficiencies.During FY2018, MassDevelopment financed or managed 384 projects generating investment of more than $4.1 billion in the Massachusetts economy. These projects are estimated to create or support 10,994 jobs and build or rehabilitate 830 housing units.
Top Deals
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Condo
07/14/2026
Focus
Loan
Markets
Headquarters
99 High Street, 11th Floor, Boston, MA 02110, US
FAQs
MassDevelopment has financed 30 deals.
MassDevelopment's most recent deal was on March 31, 2025.
MassDevelopment's largest deals include a sale of $25,000,000.00 for 26 Exeter Street, and a loan of $207,830,000.00 for 111 Western Avenue, Cambridge, Massachusetts 02139, United States.
Member since: December 2022
Deals
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FINANCED
SCALE Lending Provides $45 Million Construction Loan To MassDevelopment For Harlem Condo Project
264 West 135th Street, West, NY
NYCRE
Jul 14, 2026
FINANCED
M&T Bank Lends $2.46M To Jazz Urbane Cafe LLC For Boston Jazz Club And Restaurant
2300 Washington Street, Roxbury, MA
MACRE
Mar 26, 2026
FINANCED
Union Street Member LLC Acquires Development Site In New Bedford For $3.21M With Loan From MassDevelopment
193-197 Union Street, Acushnet, MA
MACRE
Mar 23, 2026
FINANCED
Navjeet Bal Of MassDevelopment Provides $23.5M Loan For Affordable Housing Development In Revere
110 Ocean Avenue, Revere, MA
MACRE
Feb 17, 2026