PLEASE ROTATE YOUR DEVICE
||To-be-built 6,700 SF (5 BR/5 BA) single-family spec home on one acre of land
- First Boston Capital Partners' (FBCP's) third loan to borrower, a seasoned residential builder negatively impacted by 2008 recession
- FBCP provided first mortgage financing for 100% of hard and soft costs along with portion of land cost
- Well-located, attractive lot at end of cul-de-sac in Weston, Mass.
- FBCP underwrote value of finished home at $3.2 million
- Construction progressing on time and on budget
- Property on market for approximately $3.5 million