Otera Capital Provides $750M Loan For Mixed-Use Development In Allston, MA

The mixed-use property located at 100 Western Ave in Allston, MA has been involved in a closed transaction. The property spans a total square footage of 900,000 and is owned by Tishman Speyer. The deal was facilitated by brokers Geoff Goldstein, Mike Tepedino, and Brett Paulsrud from JLL. The loan for this transaction was provided by Otera Capital in the amount of $750,000,000. The loan type for this transaction was construction.

Summary of transaction details:

• Property Type: Mixed-Use
• Transaction Amount: $750,000,000
• Address: 100 Western Ave, Allston, MA
• Market: Allston, MA
• Square Footage: 900,000

In this deal, Tishman Speyer, the landlord of the property, worked with brokers Geoff Goldstein, Mike Tepedino, and Brett Paulsrud from JLL. Otera Capital provided the loan for the transaction, which amounted to $750,000,000 and was specifically for construction purposes.