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Boston Business Journal A venture of Quaker Lane Capital and Turnbridge Equities is planning to develop a 160,000-square-foot office and life-sciences building in Malden, Mass., about seven miles north of Boston. The Malden City Council recently approved plans for the ...
Strata previously was encumbered by $52 million of Freddie Mac debt that was securitized through FREMF, 2017-KF40. The loan wasn't set to mature until October 2027 and was subject to a 1 percent prepayment penalty.
Commercial Real Estate Direct Staff Report The Green Cities Co. has paid $95.5 million, or $323,729/unit, for the 295-unit Strata apartment property in Malden, Mass., about eight miles north of downtown Boston. The Portland, Ore., investment manager, formerly known as ...
Boston Business Journal The owners of a mixed-use portfolio totaling 114,000 square feet in suburban Boston have hired Boston Realty Advisors to market the properties for sale. The portfolio consists of 649 and 655 Squire Road in Revere, Mass., and ...
the 664-unit Chase at Overlook Ridge and the 722-unit Alterra at Overlook Ridge. Alterra at Overlook Ridge was 97.6 percent leased at the end of June, while Chase at Overlook Ridge was 97.4 percent leased. Mack-Cali is structuring the sale ...
The buyer has lined up a $45 million loan from AXA Equitable Life Insurance Co. against the property.
The buyer used a $46.2 million loan from PNC Bank to help fund the purchase of the property.
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© 2023 Commercial Real Estate Direct All rights reserved..