Dinosaur Capital Partners Mugar Enterprises JV Secures $44 Million Loan For 31 Milk Street Conversion

The property asset is located at 31 Milk Street in Boston, MA. The site is undergoing a transition from offices to 110 residential units, which includes 22 affordable apartments. The total financing for this conversion is $44 million.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $44,000,000
• Lender: Stephen Davis - The Davis Companies
• Landlord: Dinosaur Capital Partners / Mugar Enterprises JV
• Lender's Representative: Quentin Reynolds - The Davis Companies
• Landlord's Representative: Anthony Cutone - JLL

This transaction involves a significant collaboration between various parties, with Stephen Davis acting as the lender and Quentin Reynolds serving as the lender's representative. The landlord is represented by Anthony Cutone from JLL, overseeing the joint venture between Dinosaur Capital Partners and Mugar Enterprises.