Log in Subscribe Front Page Current Issue Real Briefs Recent Trades Subscribe/Renew Events Advertise Contact Us
Sat, Nov 16
A Compendium of Property & Capital News
Sat
Nov 16
Log In
Subscribe
Belmont Ice Cream Shop in Historic Trade //Rockland Foreclosure in Resale //Westboro Flex Space in 2nd Deal in 2 Years //Braintree Shopping Plaza in 75-Year Trade //Boston Retail in 12-Year Trade // Belmont Ice Cream Shop in Historic Trade //Rockland Foreclosure in Resale //Westboro Flex Space in 2nd Deal in 2 Years //Braintree Shopping Plaza in 75-Year Trade //Boston Retail in 12-Year Trade // Belmont Ice Cream Shop in Historic Trade //Rockland Foreclosure in Resale //Westboro Flex Space in 2nd Deal in 2 Years //Braintree Shopping Plaza in 75-Year Trade //Boston Retail in 12-Year Trade //

Portfolio of Historic Massachusetts Inns Secures $32.8M in Long-Term Financing

June 19, 2019
The Hawthorn Hotel, Salem MA

BOSTON—FinanceBoston has arranged a $31.8 million senior loan secured by The Hawthorne Hotel in Salem, The Colonial Inn in Concord, and the Publick House in Sturbridge. These historic properties were constructed as early as 1716, and are all members of the Historic Hotels of America. Each property benefits from an irreplaceable trophy location in the core of their respective communities.

“This closing was completed by arranging a two-bank syndicate, with highly competitive terms commensurate with the strength of each asset and more importantly, the management team, “ said Doug Landry, Principal at Boston-based FinanceBoston. “We are looking forward working with our client on future acquisitions as they expand their historic New England portfolio,” added Landry.

The Colonial Inn, Concord MA

Recent Headline News

Subscriber Content