Harrison Commons Apartments/
Penmark Condominiums
Boston, Massachusetts
Local Boston developer R.F. Walsh and NEBF have partnered
to re-develop the dilapidated, original Boston College
High School complex in Boston’s South End neighborhood.
The project has accelerated the pace of renewal in the
neighborhood, becoming a popular location to live due
to its proximity to the Boston University medical campus
and downtown Boston. NEBF relies on the experience of
its partner to execute such a complicated project, consisting
of the rehabilitation of an historic, existing structure
into condominiums, a new apartment structure and below-grade
parking to be shared by both. R.F. Walsh relied on NEBF
to provide equity for the apartments and mezzanine debt
to capitalize the condominiums. NEBF’s experience
with mixed-use, historic projects was instrumental in
making this complex development possible.