City of Newton, Massachusetts

TischlerBise helped to arrange a financial package for a mixed-use project. In Newton, a suburb of Boston, a major developer proposed a mixed-use project, with the City paying for the structured parking. The City retained TischlerBise to determine the probable market absorption, developer proformas, and financial alternatives. Working with the City, the developer, and a neighborhood coordinating committee, the firm helped to arrange a financial package that included tax increment financing and City participation in office rent increases.