Finance - Boston
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Hines JV Obtains $870M Loan for Boston Redevelopment Project
The developers are planning to convert the city's historic South Station transit hub into a 1.9 million-square-foot commercial and residential project.
27 January 2020 15:09 -
Boston-Area Retail Center Gets $8M Refi
JLL arranged the long-term loan for Quincy & Co., which has been the owner of the property since 2014.
07 January 2020 11:33 -
Société Générale Enters Boston With $65M Refi Deal
JLL Capital Markets arranged the floating-rate loan for the owners of the 10-story office building at 101 Merrimac St.
19 December 2019 13:38 -
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