Goldman Sachs Asset Management Acquires Multifamily Property In Hingham, MA For $76.9M

The multifamily property located at 350 Beal St in Hingham, MA was recently involved in an acquisition loan transaction. The loan was provided by barings-4626a10b-91b9-4404-b096-d78fc90a0c26''>Barings, with Jonathan Neff representing the lender. The loan amount for the transaction was $76,900,000. The asset is owned by Goldman Sachs Asset Management and the transaction was facilitated by CBRE brokers.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $76,900,000
• Lender: Barings - Jonathan Neff
• Landlord: Goldman Sachs Asset Management
• Brokers: CBRE

The acquisition loan transaction demonstrates the ongoing activity in the Hingham, MA market. The involvement of reputable lenders, such as Barings, and a well-known landlord, Goldman Sachs Asset Management, highlights the attractiveness of the property. CBRE brokers played a pivotal role in facilitating the deal, leveraging their expertise and network within the market.