SOMMERVILLE – The capital markets debt & equity finance team at Boston Realty Advisors (BRA) has secured senior debt financing for 625 McGrath Hwy., a 34-unit new construction apartment building. Nicholas Herz, managing director and partner at BRA, arranged the $9.94 million acquisition loan through TD Bank NA on behalf of the buyer. “We are pleased to have […]
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Booming Chelsea Catches Developers’ Eyes The time has arrived. For years, Chelsea was Boston’s forgotten neighbor, a nearly once bankrupt city, in part of the large demographic upheaval and haunted by a lack of economic development. Today, the arrival of the FBI Headquarters and Encore Casino has pivoted Chelsea into a development hotbed home to […]
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The Fallon Company, developer of Fan Pier in Boston’s Seaport District, has acquired a 12,125 square foot parcel located at 20 Boylston Street on Route 9 in Brookline Village. Recorded sale price is $2.9 million. The parcel, currently home to a Dunkin’ Donuts restaurant, is located at the gateway to the Town of Brookline. Dunkin’ Donuts’ […]
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