Congratulations to Boston Private Bank & Trust Company for closing a $12,000,000 loan for the benefit of Friends of Excel Academy Charter Schools, Inc. Boston Private purchased tax exempt bonds from Massachusetts Development Finance Agency and made the proceeds from the sale of the bonds available to finance the construction of a 19,700 square foot middle school building located at 375 Bremen Street, East Boston, Massachusetts. The new middle school will include classrooms, offices, support rooms, and related [...]
Our partners represented a national bank in providing taxable and tax exempt bond financing for various loans leveraging New Markets Tax Credits and Federal Historic Tax Credits to finance three campus facilities for students grades K-8 in Mattapan, Roslindale and Jamaica Plain.
Our partners represented a national bank in providing tax exempt bond financing for the acquisition, financing and redevelopment of a 30,000 square foot campus building focusing on media and technology for students grade 9-12 in Allston, Massachusetts. This was one of the first facilities in Boston to utilize Qualified Zone Academy Bonds.