Greystar Secures $55M Loan From BayernLB For Development Site In Boston

The development site at 212 Stuart Street in Bay Village, Boston, MA has secured a $55 million mortgage from BayernLB. The property features 126 luxury apartments, as well as over 1,200 square feet of retail space. Positioned at the junction of Bay Village and Boston's High Spine, 212 Stuart blends modernity with the historic charm of its surroundings.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $55,000,000
• Landlord: Bob Faith - Greystar
• Lender: BayernLB
• Address: 212 Stuart Street, Boston, MA
• Market: Boston, MA
• Asset Type: Development Site

Bob Faith, representing Greystar, secured the $55 million mortgage from BayernLB for the new construction project at 212 Stuart Street. The deal involves bringing forth a harmonious blend of luxury living spaces and commercial offerings to enrich the Bay Village neighborhood and Boston's High Spine area.