FinanceMiami Blog

Best Real Estate Investments

FinanceBoston Arranges a $5,520,000 Loan and $1,700,000 equity for a 48-Unit Apartment Property in Cranston, RI.

RHODE ISLAND - FinanceBoston has arranged $5,520,000 in debt and $1,700,000 in equity to acquire and renovate a multifamily apartment community in Cranston, Rhode Island.  The property, Dean Estates, consists of 48-units with a mix of 1 and 2-bedroom apartments. “This acquisition reflects the strong demand for workforce housing in New England,” said Brian Rooney, Principal at FinanceBoston. “Our client secured the property through a competitive auction process and within a relatively short timeline of 45 days, we were able to secure both construction financing and equity for the...

FinanceMiami Arranges $9,500,000 Refinance for a Modern Office/Flex Asset

 | Commercial Real Estate Loans Miami Florida

MIAMI, FL — FinanceMiami has arranged $9,500,000 in financing secured by a 23,000 SF of modern office space/flex property in Wynwood, Miami, FL. The property is situated in a strategic location, within walking distance of state-of-the-art amenities and new developments.  “This deal (similar to others in today’s market) had its challenges due mainly to the volatility in the Debt Capital Market space and the value-add component/business plan; nonetheless, we kept all parties on board and were able to relay the Sponsor’s business plan appropriately, pointing back to the strong fundamentals...

Archives

Tags:   best real estate investments best cities to invest in real estate best property investment

FinanceMiami and its affiliates do not provide investment services of any kind to the public. No investment advice or investment securities or other investment opportunities of any kind are intended to be offered on this site. Additionally, the material on this site does not constitute a representation that the solutions described therein are suitable or appropriate for any person. The material on this site may not be relied on in any manner as, legal, tax or investment advice. Accordingly, the publication of this web site on the internet should not be construed by any consumer and/or prospective client as FinanceBoston’s or its affiliates’ solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the internet. The information, data and opinions on this web site are provided “as is” and are provided without any warranty of any kind, either express or limited.

Pin It on Pinterest