Finance - Boston
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Upcoming Boston Hotel Lands $75M in Financing
JLL worked on behalf of Olshan Properties and its joint venture partners to secure the loan for the new 212-key Canopy by Hilton rising in the city’s downtown.
25 November 2019 12:32 -
CrossHarbor Sells Boston-Area Office Asset
A local investor has purchased the majority interest in the two-building office property.
14 August 2019 13:48 -
Boston Mixed-Use Lands $315M Construction Loan
Madison Realty Capital will provide the financing, while Cain International will contribute most of the equity for the $400 million Raffles Hotels & Resorts tower in the Back Bay neighborhood.
17 July 2019 12:53 -
Boston Office Property Gets $112M in Financing
NB Development Group secured first mortgage financing for 80 Guest Street, a trophy office property and part of the Boston Landing mixed-use project.
26 June 2019 12:26 -
MA Includes Battery Storage in Statewide Energy Efficiency Plan
The three-year plan is estimated to drive the installation of 30 to 34 megawatts of behind-the-meter battery storage in the state.
12 April 2019 13:24 -
Historic MA Building Begins Rehabilitation, Expansion Process
Athenian Corner Restaurant, a five-story property built between 1896 and 1905, is a Lowell landmark. Cherrytree Group arranged financing for its revamp, which includes the addition of a boutique hotel.
08 January 2019 20:20 -
CIT Group Provides $29M Loan for Boston-Area MOBs
Chestnut Healthcare Partners is the new owner of the buildings. Signature Healthcare Brockton Hospital and Anna Jaques Hospital occupy the two assets.
05 December 2018 15:17 -
Boston Hotel Project Receives $300M Loan
New Boston Hospitality and Omni Hotels & Resorts will use the financing, provided by a syndicate of banks, to construct a 1,055-key luxury property.
10 August 2018 11:32 -
Boston-Area Arsenal Yards Development Receives $109M
The project will bring more than 1 million square feet of mixed-use space to Watertown, Mass. The first phase is currently underway, with completion slated for 2019.
18 June 2018 15:39 -
Boston-Area Flex/R&D Complex Lands $21M Loan
Parsons Commercial Group has acquired the 330,000-square-foot Chiswick Park, for $27.5 million. Berkadia secured acquisition financing for the five-building office and industrial ensemble.
24 May 2018 15:05 -
Novaya Sells Boston-Area Industrial Portfolio for $73M
The fully leased distribution centers, located in Littleton and Middleborough, Mass., encompass a total of 775,000 square feet. JLL secured the acquisition financing on behalf of the buyer/borrower.
23 March 2018 08:45 -
Boston-Area Industrial Asset Trades for $3M
The new owner, an entity managed by Patagon Ventures LLC, plans to convert the property into a 75,000-square-foot self-storage facility.
01 March 2018 17:17 -
LakePharma Buys 69 KSF Building in MA
The property is located in Hopkinton, 35 miles east of downtown Boston. LakePharma will remodel the existing infrastructure to accommodate its manufacturing needs.
26 February 2018 15:01 -
Boston Seaport Development Lands $480M
The Seaport District offers close proximity to the MBTA Silver Line’s subway station at the World Trade Center, which also connects to South Station and Logan International Airport.
08 January 2018 14:56 -
MA Hilton Hotel Lands $53M Financing
Colliers secured financing for a 235-key dual-brand Hilton Hotel in Woburn, Mass. The project will be located in a well-exposed site in the northern suburbs of Boston.
11 December 2017 23:41