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Eastern Bank Lends on Mixed-Income Development in Boston’s Mission Hill

Eastern Bank is serving as lead lender for 775 Huntington Ave., a new mixed-income residential development located in the Mission Hill neighborhood of Boston. Sponsored by nonprofit Roxbury Tenants of Harvard (RTH), the project will create 55 mixed-income homeownership units, including 27 affordable homes and 28 market‑rate homes, and 57 affordable rental units within a new 13‑story building that also includes commercial space and structured parking. Eastern has provided a $68.6-million construction financing package supporting both the rental and homeownership components.

“775 Huntington Ave. brings together several distinct housing types in one coordinated development, requiring thoughtful structuring and close collaboration,” said Pam Feingold, SVP and group director of community development lending at Eastern Bank.

The community development lending team advising the 775 Huntington Ave. project was led by Feingold; SVP, community development lending team leader Yongmei Chen; and SVP, community development lending relationship manager Angela Meehan.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Development
  • ◦Financing
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