Commercial Real Estate Direct Staff Report Ferrado Properties Inc. has paid $39.1 million, or $1,503/sf, for the 26,834-square-foot office property at 801 Boylston St. in the Back Bay section of Boston. The Newport Beach, Calif., investor bought the property from ...
The Massachusetts Housing Finance Agency has provided $50 million of financing under the U.S. Department of Housing and Urban Development's 223(f) program for the 501-unit Clarendon Hill Towers Apartments in the Boston suburb of Somerville, Mass. MassHousing is part of ...
ConnectCRE Matt Newton has been named managing director of M&T Realty Capital Corp.'s agency lending platform in its Boston office. In his new post, Newton will originate loans using various capital sources, including the housing finance agencies - Fannie Mae, ...
MassHousing and Rockport Mortgage Corp. have provided $94 million of financing against Westminster Village Arms, a 432-unit apartment property in Lowell, Mass., about 36 miles north of Boston. The 35-year loan was provided through MassHousing's Accelerated Processing and Ginnie Mae ...
Commercial Real Estate Direct Staff Report Blackstone Real Estate Debt Strategies has provided $112.48 million of financing to fund the $171 million purchase of the 390-room Hilton Boston Back Bay Hotel by a venture of Certares Management LLC and Belcourt Capital ...
Commercial Observer TPG Real Estate Credit has provided $104 million of financing for Dock Square Garage, a 698-space parking garage at 20 Clinton St. in downtown Boston that was acquired by a venture of Silverstein Capital Partners of New York ...
Commercial Real Estate Direct Staff Report Certares Management LLC has teamed with Belcourt Capital Partners to buy the 390-room Hilton Boston Back Bay at 40 Dalton St. in Boston for $171 million, or $438,461/room. The venture bought the property from Ashford ...
MassDevelopment, the state development finance agency, has provided $24.5 million of tax-exempt bond financing for the development of a 66-unit apartment property in the Boston suburb of Chelsea, Mass. The bond was purchased by Broadway Securities Corp., a unit of ...
Synergy funded its purchase with a $65 million loan from Kawa Private Investments of Aventura, Fla.
Mesa West Capital has provided $81 million of mortgage financing for the 289-unit Emblem 120 apartment property at 120 Commerce Way in the Boston suburb of Woburn, Mass. The two-year-old property was developed on a 3.4-acre parcel by a venture ...
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