Murphy PC Advises on Commercial Loan and Preferred Equity for 16-Unit Mixed-Use Condominium Development in East Boston, Massachusetts
August 15, 2024-Murphy PC represented the developer of a 16-unit mixed-use condominium development in a construction loan with a regional lender and in a joint venture agreement with an investor for preferred equity in the project, including negotiation of loan financing documents and joint venture operating agreement, title, zoning, lease and insurance due diligence, and closing matters.
Our client is an experienced developer operating an engineering and construction business for over 40 years managing, constructing and developing projects in all New England states.
Murphy PC is a law firm based in Boston, Massachusetts providing legal services to developers, entrepreneurs, investors, and lenders in real estate and business transactions, including project development, acquisitions and sales, joint ventures, construction contracts, financing, leasing, and title insurance in residential, mixed-use, condominium, multi-family, office, retail, education, industrial, hotel, retail and restaurant transactions.