Silverstein Capital & Rialto Capital Obtain $104M Loan For Dock Square Garage

The loan transaction involved a parking lot located at 20 Clinton Street in Boston, MA. The loan amount for the acquisition was $104,000,000 provided by TPG Real Estate Credit. The landlords involved in the transaction were Silverstein Capital Partners and Rialto Capital Management, who secured financing to acquire the 698-space parking facility.

Summary of transaction details:

• Property Type: Parking Lot
• Transaction Amount: $104,000,000
• Address: 20 Clinton Street
• Market: Boston, MA
• Lender: TPG Real Estate Credit
• Landlord: Silverstein Capital Partners & Rialto Capital Management
• Brokers: Conor Reenstierna, David Douvadjian Jr, David Douvadjian Sr. & Timothy O’Donnell - Newmark

The deal's key individuals and companies included Conor Reenstierna, David Douvadjian Jr, David Douvadjian Sr., and Timothy O’Donnell from Newmark who acted as brokers in the transaction.