Updated Sep 2, 2026
David Greaney Of Synergy Secures $92.1 Million Refinance For 101 Arch Street Office Tower
101 Arch Street
$92,100,000
$224/SF
Building Size
411,195 SF
Asset Type
Office
Closing
Sep 1, 2026
About this deal
AI
The asset involved in the transaction is an office property located at 101 Arch Street in Boston, MA. The property encompasses 411,195 square feet and has undergone significant renovations amounting to more than $20 million. The refinancing for this asset totals $92.1 million, following the renewal of more than 220,000 square feet of leases since the acquisition of the building in 2024.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $92,100,000
- Address: 101 Arch Street
- Market: Boston, MA
- Landlord: David Greaney
- Agency: Synergy
- Loan Type: Refinance
David Greaney represents Synergy as the landlord in this transaction. The refinancing marks a strategic move in response to the successful leasing efforts at the property, solidifying its position in the Boston commercial real estate market.
Players
Boston Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.17%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93