PROJECT FINANCINGS
( managed by Fort Point Consulting, Inc. or its principal )
Construction Financing |
Sales of Historic Tax Credits |
||
$47,000,000 | Construction loan, Chase Manhattan Bank, 149 at the Navy Yard (Congress Group) | $11,000,000 | Sale of federal credits to Lincoln Life, 149 at the Navy Yard (Congress Group) |
$52,200,000 | Construction loan, Chase Manhattan Bank, The Boott Mills (Congress Group) | $9,000,000 | Sale of historic tax credits to Mission First Financial Corporation, The Boott Mills (Congress Group Properties) |
$12,000,000 | Construction loan, Key Bank, 55 Thomson Street (Cathartes Investments) | $830,000 | Sale Missouri historic credits to USBank Community Development Corporation, 523 Grand Lofts (Congress Group Properties) |
$4,340,000 | Construction and bridge loan, USBank, 523 Grand Lofts (Fort Point Consulting) | $791,000 | Sale of federal historic tax credits to USBank Community Development Corporation, 523 Grand Lofts (Fort PointConsulting) |
$4,000,000 | Construction loan, BankBoston, 437 D Street (Cathartes Investments) | Sales of Entitled/Completed Projects |
|
$1,890,000 | Construction loan, Winter Hill Bank, Inkspot Studios (Fort Point Consulting) | $85,000,000 | Sale of 149 and 199 at the Navy Yard to Navy Yard Biotechnical Research Associates (Congress Group) |
$400,000 | Construction loan, The Mutual Bank, Mixit Studios (Fort Point Consulting) | $15,000,000 | Sale of 44 Stillings Street to TMW Real Estate Group, includes sale of 10% federal “non-historic” tax credits (Cathartes Investments) |
$2,740,000 | Permanent financing, USBank, 523 Grand Lofts (Fort Point Consulting) | $2,700,000 | Sale of cooperative units, Inkspot Studios (Fort Point Consulting)) |
$1,400,000 | Permanent financing, Wainwright Bank, Inkspot Studios (Fort Point Consulting) | $5,200,000 | Sale of condominium units, 523 Grand (Fort Point Consulting) |
$600,000 | Permanent financing, National Cooperative Bank, Mixit Studios (Fort Point Consulting) | ||
$10,000,000 | MIFA “low-floater” tax exempt bonds, 199 at the Navy Yard (Congress Group) |