Murphy PC Advises on Joint Venture Preferred Equity Investment in Mixed-Use Building in Somerville, Massachusetts

September 30, 2024-Murphy PC represented a preferred equity investor in a joint venture development of a building in Somerville, Massachusetts, containing residential apartment units and a restaurant.

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.