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BentallGreenOak & Synergy Investments Landlord 1 Center Plz Mixed-use Loan $375M KKR

Property Image
FINANCED
$375,000,000

Massachusetts

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Mixed-use741,237 SF
Financed 02/11/2021
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Property Image
FINANCED

BentallGreenOak & Synergy Investments Landlord 1 Center Plz Mixed-use Loan $375M KKR

1 Center Plz, Boston, MA, USA

See Similar Deals
Mixed-use741,237 SF
Financed 02/11/2021
Contact now

Summary

MASSACHUSETTS
Asset Type:Mixed-use
Price Per Square Foot:$505
Total Square Footage:741,237 SF
Transaction Type:Loan

The mixed-use property located at 1 Center Plz in Boston, MA has been involved in a loan transaction.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $375,000,000
  • Address: 1 Center Plz
  • Market: Boston, MA
  • Asset Type: Mixed-use

The loan is provided by kkr''>KKR, and the loan amount is $375,000,000. The property spans a total area of 741,237 square feet.

The landlords of the property are BentallGreenOak and Synergy Investments. The key individuals involved in the transaction include Matt Salem, Dave Greaney, and Sonny Kalsi.

Players

LENDER


Details

FINANCED
IMAGE: Matt Salem, Dave Greaney & Sonny Kalsi DATE: 02/11/2021 ADDRESS: 1 Center Plz MARKET: Boston, MA ASSET TYPE: Mixed-use LANDLORD: BentallGreenOak & Synergy Investments LENDER: KKR LOAN AMOUNT: $375,000,000 SF: 741,237

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$375,000,000.00

Monthly NOI$2,500,000.00
Monthly Debt Service$2,370,255.09
Change in Cash Flow$0.00
Refinance Proceeds$0.00