Our Customers
Work With US10MX
Commercial Real Estate Development • HIFS Customer since 2022Why They Chose Hingham
10 MX Owner, LLC is a joint venture between Second Street Properties and Trax Development. Together, they are focused on redeveloping Nubian Square, a fast changing and transit-oriented neighborhood in Roxbury, MA that has been historically neglected. In coordination with the Boston Planning & Development Agency, they are planning to build two new multifamily buildings on an underutilized site, while preserving a mixed-use building that is an important source of jobs in the neighborhood. The project will ultimately add a mix of over 100 new affordable and market-rate units to Nubian Square.
When the team needed financing, they found Hingham’s terms the most competitive. Throughout the loan process and with the subsequent deposit relationship, they have become more familiar with the Bank and value the approach that helps them keep their project moving forward.
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Market:
Commercial Real Estate Development
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Services Used:
CRE Loan, Business Checking, Business Online, eStatements
Why They Chose Hingham
10 MX Owner, LLC is a joint venture between Second Street Properties and Trax Development. Together, they are focused on redeveloping Nubian Square, a fast changing and transit-oriented neighborhood in Roxbury, MA that has been historically neglected. In coordination with the Boston Planning & Development Agency, they are planning to build two new multifamily buildings on an underutilized site, while preserving a mixed-use building that is an important source of jobs in the neighborhood. The project will ultimately add a mix of over 100 new affordable and market-rate units to Nubian Square.
When the team needed financing, they found Hingham’s terms the most competitive. Throughout the loan process and with the subsequent deposit relationship, they have become more familiar with the Bank and value the approach that helps them keep their project moving forward.
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