First Boston Capital Partners, an affiliate of The Grossman Companies with offices in Quincy, MA and Southport, CT, extends private loans to builders, developers and real estate investors in Massachusetts, Connecticut, Rhode Island, New Hampshire and New York. We provide short-term bridge capital for acquisitions, ground-up construction or renovations secured by non-owner-occupied residential or commercial properties.
| Property Types | Commercial Properties and Non-Owner Occupied Residential Property including spec homes, subdivisions, condo conversions, etc. |
| Loan type | Acquisition, Ground-up Construction and Renovations, Land |
| Collateral Type | First Mortgage, Second Mortgage, Joint Venture Equity |
| Geographic Areas | Massachusetts, Connecticut, Rhode Island, New Hampshire and New York |
| Loan Size | $200,000 to $15,000,000 (from $10) |
| Loan Term | 6 to 18 months |
| Interest Rates | 12% to 14% |
| Loan to Value | Up to 75% |
| Origination Fee | 2% to 3% |
For more information, please contact:
- David Grossman
- 617 472 2028
- Chris Michaud
- 617 657 5788
- Benjamin Stillwell
- 617 657 5784
- 978-807-8789
For information in New York and Connecticut, please contact:
- Michael S. Basile
- 203 788 5659
Case Studies
