J.P. Morgan Asset Management And Samuels & Associates Secure $170 Million Refinance Loan In Boston
Massachusetts
See Similar DealsJ.P. Morgan Asset Management And Samuels & Associates Secure $170 Million Refinance Loan In Boston
180 Brookline Avenue
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The asset involved in the transaction is a multifamily property located at 180 Brookline Avenue, Boston, MA, consisting of 405 units. A loan amount of $170,000,000 was secured for the refinance of this property, which is situated near Fenway Park.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $170,000,000
- Lender: John Schlifske - Northwestern Mutual
- Landlord: George Gatch - J.P. Morgan Asset Management & Steve Samuels - Samuels & Associates
- Broker Representatives: Adam Spengler, Kyle Juszczyszyn, Thomas Traynor & Tom Rugg - CBRE
- Loan Type: Refinance
- Loan Terms: five-year, fixed-rate loan
This transaction involved key individuals and firms, with J.P. Morgan Asset Management and Samuels & Associates representing the landlord, while the lending entity was Northwestern Mutual. The brokers from CBRE facilitated the loan process, ensuring the successful refinancing of the multifamily property in Boston.
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