Murphy PC Advises on Joint Venture Preferred Equity Investment in a 40-Unit Mixed-Use Development in Somerville, Massachusetts

October 15, 2024-Murphy PC represented a preferred equity investor in a joint venture to develop a 40-unit mixed-use building in Somerville, Massachusetts.

The affiliate developer is a full-service real estate company that develops industrial, retail, office and residential properties with several completed and ongoing building projects in Somerville, Massachusetts.

Our client provides preferred equity and debt financing for real estate development projects in the Greater Boston area with funding up to $20M for each project.

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.