Cornerstone Realty Consultants has arranged an $8.85 million loan for its client Heiam Corp., allowing for the consolidation of existing debt at 56-58 Queensberry St. in Boston’s Fenway neighborhood.

Assessed as condominiums, Heiam Corp.’s ownership of all 47 units allowed for the restructure of the property into apartment buildings making the debt even more attractive to prospective lenders, according to a statement.

The borrower’s operating history along with Cornerstone’s ability to negotiate loan terms on its client’s behalf allowed Cornerstone to obtain a loan amount of more than $188,000 per unit. The 10-year fixed rate loan was priced at 5.5 percent with a 30-year amortization.