PARSE CAPITAL MAKES $18.7 MILLION PREFERRED EQUITY INVESTMENT IN BOSTON, MASSACHUSETTS MULTIFAMILY DEVELOPMENT

December 4, 2020 – Parse Capital (“Parse”) has made a $18.7 million preferred equity investment in the development of Residences at 1550 Soldiers Field Road (“Project”), a luxury apartment project in Boston, Massachusetts. Once complete, the project will include a six-story podium residential building consisting of 210 market-rate units.