Farrell Grant Sparks moves in to property syndication

Farrell Grant Sparks (FGS), one of Ireland’s largest accountancy practices, has acquired a $34 million development site in Boston on behalf of clients.

Ian Kehoe - avatar

Ian Kehoe

2nd June, 2007

Farrell Grant Sparks (FGS), one of Ireland’s largest accountancy practices, has acquired a $34 million development site in Boston on behalf of clients.

The deal, which closed last week, is the firm’s first major foray into property syndication. FGS clients contributed $9 million (€6,694,005,554) in cash to fund the deal, with the rest coming from bank debt.

Ian Duffy, FGS’s managing partner designate, said the firm now intended to make a number of...

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