Millennium Partners Secures $281 Million C-PACE Loan From Nuveen Green Capital For Winthrop Center
115 Federal Street
$281,000,000
Building Size
—
Asset Type
Mixed-use
Closing
Aug 14, 2026
AI
The asset involved in this transaction is a mixed-use property located at 115 Federal Street in Boston, MA. Millennium Partners secured a notable C-PACE loan amounting to $281 million from Nuveen Green Capital to fund energy-efficiency upgrades at the 62-story Winthrop Center.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $281,000,000
- Lender: Nuveen Green Capital
- Landlord: Christopher M. Jeffries - Millennium Partners
The deal was made by Christopher M. Jeffries, representing Millennium Partners, highlighting the strategic financial planning aimed at enhancing the property’s sustainability through substantial energy-efficient developments.
Players
Federal Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.06%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93