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Commercial Real Estate

MassDevelopment provides financing for commercial real estate projects at every stage of development from predevelopment through construction and fit-up.

Predevelopment Financing

The Brownfields Redevelopment Fund

The Brownfields Redevelopment Fund provides financing up to $100,000 for qualified projects to undertake environmental site assessment of brownfields properties located in Economically Distressed Areas (EDAs) of Massachusetts and loans with flexible terms up to $500,000 to clean-up contaminated sites.

Predevelopment Loans

Predevelopment loans are low interest rate loans up to $100,000 with deferred repayment terms to finance predevelopment costs associated with real estate projects.

Commercial Real Estate Financing

Real Estate Loans

MassDevelopment makes loans and loan participations up to $5,000,000 for facility acquisition, renovation, construction, and permanent financing.

Mortgage Insurance Guarantees

MassDevelopment can issue a guarantee to your bank; the guarantee allows your bank to offer a higher advance rate on a real estate loan.

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