BURNS REALTY & Investments

Back To Blog

$87.5M Loan Secured for 170 Units on Langrange St

Construction Loan for 47-55 Langrange Street

The construction loan for 21-story, 170-unit residential tower at 47-55 Langrange Street has officially been secured reaching $87.5M.

Nearing 170,000 square feet, this project will have 22 units that are designated as affordable.  On the ground floor, 1364 square feet of retail will be implemented.  Other amenities included a residents’ kitchen, a roof deck, a billiard’s room, and a screening room.

Fortis Property Group out of New York will be heading this project, which was pitched originally in late 2016.  Additionally, Fortis Property Group plans to construct a six-story residential addition to Fanueil Hall’s Dock Square Garage.

Fanueil Hall

Photo & Article Credit: https://www.bisnow.com/boston/news/multifamily/construction-loan-secured-for-21-story-theater-district-multifamily-project-100115 Author of Bisnow article: Cameron Sperance

    Add Comment

    Comments are moderated. Please be patient if your comment does not appear immediately. Thank you.


    1. No comments. Be the first to comment.