Blackstone Secures $90 Million Loan For Acquisition Of One Greenway In Boston

One Greenway is a 21-story, 217-unit luxury apartment tower located at 99 Kneeland Street in Downtown Boston, MA. Blackstone secured a loan amount of $90 million for its acquisition through its subsidiary AIR Communities.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $90,000,000
• Lender: U.S. Bancorp
• Landlord: Jonathan Gray, Ken Caplan & Kathleen McCarthy - Blackstone
• Brokers: Adam Spengler, Thomas Traynor & Tom Rugg - CBRE

The transaction involved key participants from Blackstone, comprising Jonathan Gray, Ken Caplan, and Kathleen McCarthy as landlords. The brokerage services were provided by Adam Spengler, Thomas Traynor, and Tom Rugg from CBRE, representing the deal in connection with the acquisition financing.