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115 Federal Street

Millennium Partners Secures $281 Million C-PACE Loan From Nuveen Green Capital For Winthrop Center
FINANCEDMixed-use

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:

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

Christopher M. Jeffries

Broker

$281M

vol

1 deal

Broker
Nuveen Green Capital
Nuveen Green CapitalLender

Christopher M. Jeffries

Millennium Partners

Landlord

$281M

vol

1 deal

Landlord

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