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Leasing & Financing

Whether you are a business executive looking to invest in new equipment or a vendor seeking financing options for your clients, you can leverage flexible financing through First American.

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Case Studies

See firsthand how organizations have achieved their goals with customized financing from First American.

Hear From Our Clients

Legal | Office Buildout

Law Firm Leverages Financing for State-of-the-Art HQ

Fast Facts

Industry

Legal

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Organization

Law firm headquartered in Boston, MA with 3 offices across the U.S.

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Client Since

2022

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Equipment Financed

$23,700,000 in material goods for fitting out the space, including furniture, AV equipment, outdoor terrace, security system, fitness equipment, lighting, and construction and relocation costs

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Financing Structure

7-year tax lease that included a rate lock

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Industry Specific Fact

Am Law Top 200 Firm, 250 attorneys

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Industry

Legal

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Organization

Law firm headquartered in Boston, MA with 3 offices across the U.S.

Building Icon

Equipment Financed

$23,700,000 in material goods for fitting out the space, including furniture, AV equipment, outdoor terrace, security system, fitness equipment, lighting, and construction and relocation costs

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Navigating Financial Hurdles for a Future-Ready Headquarters

A prominent law firm embarked on a large-scale buildout project to relocate their headquarters in Boston, MA. Their vision was to create a space that embraced cutting-edge technology and supported evolving workstyles. With a lengthy construction timeline anticipated, the firm was concerned about potential interest rate fluctuations that could adversely affect their financing. Additionally, they wanted to minimize the overall project costs while ensuring the new headquarters would feature state-of-the-art amenities and infrastructure to meet both current and future needs.

With a lengthy construction period and interest rate uncertainty, the firm was concerned about overall costs for their HQ project.

A 7-year tax lease and 2-year rate lock allowed the firm to preserve cash and control expenses.

Custom-Built Solution Brings Tax Savings and Financial Stability

First American provided a 7-year tax lease specifically designed to meet the firm’s financial goals, leading to nearly $500,000 in state property tax savings. Additionally, a 2-year rate lock was implemented to mitigate interest rate risk throughout the extended construction period. This customized financing structure enabled the firm to preserve cash while also allowing for more strategic resource allocation. By aligning the firm’s financial commitments with their long-term objectives, this solution helped ensure financial stability and operational efficiency during a critical period of growth and transformation.

Navigating Financial Hurdles for a Future-Ready Headquarters

A prominent law firm embarked on a large-scale buildout project to relocate their headquarters in Boston, MA. Their vision was to create a space that embraced cutting-edge technology and supported evolving workstyles. With a lengthy construction timeline anticipated, the firm was concerned about potential interest rate fluctuations that could adversely affect their financing. Additionally, they wanted to minimize the overall project costs while ensuring the new headquarters would feature state-of-the-art amenities and infrastructure to meet both current and future needs.

Custom-Built Solution Brings Tax Savings and Financial Stability

First American provided a 7-year tax lease specifically designed to meet the firm’s financial goals, leading to nearly $500,000 in state property tax savings. Additionally, a 2-year rate lock was implemented to mitigate interest rate risk throughout the extended construction period. This customized financing structure enabled the firm to preserve cash while also allowing for more strategic resource allocation. By aligning the firm’s financial commitments with their long-term objectives, this solution helped ensure financial stability and operational efficiency during a critical period of growth and transformation.

The results

Modern and Collaborative HQ Positions Firm for Continued Success

The results

Modern and Collaborative HQ Positions Firm for Continued Success

100,000 sq. ft.

of new space financed on 4 floors

As a result of the project, the firm created the headquarters they envisioned to meet the evolving needs and expectations of their employees and partners.

LEED Gold

certification earned with the renovations completed

As one of the first Boston offices to relocate post-pandemic, the space features shared social areas and tech-forward meeting rooms to foster communication, collaboration, and in-person interaction, along with a suite of lifestyle-focused amenities to enhance health and wellness.

As the firm keeps growing and achieving new levels of success, First American continues to help them expand their geographic presence with new workspaces, including a relocation of their New York City office.

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