Lee Bloch Of Carmel Partners Secures $137.3 Million Loan For 398-Unit Multifamily In Boston

The property asset involved is a 398-unit, 30-story residential building located at 45 Stuart Street in Downtown Boston, MA. The transaction includes an acquisition loan amounting to $137,288,000 for the development previously known as AVA Theater District.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $137,288,000
• Landlord: Lee Bloch - Carmel Partners
• Broker: Jeff Burns - Walker & Dunlop
• Market: Boston, MA

Walker & Dunlop, Inc. facilitated the financing for this acquisition, securing a substantial loan for LUKA on the Common, indicating the firm's involvement in significant property financing transactions in the area.