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78 Fairmount Avenue
Boston, MA
United States
Financing for two entrepreneurs to acquire a
mixed-use building in Hyde Park, MA, where they
operate their businesses. The property contains
five commercial spaces leased by MBEs and four
residential apartments, one of which was vacant
and in need of renovations
Sponsor
Nikia Londy and Baron Langston
Source
Acquisition Loan
Financing Total
$1,254,158
Impact
Purchasing the building enabled the
borrowers, who are Hyde Park residents, to continue
to grow their own business and support the other
MBE tenants, retaining approximately 10 local jobs.