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Madison Realty Capital Provides $345M Construction Loan For 22-Story Residential And Retail Condominium On Seaport Blvd, Boston, MA

150 Seaport Boulevard
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This Co-Op property located in MA received a loan of $345,000,000 about 2 years ago.

The property involved in this transaction is a 22-story, 114-unit Residential and Retail Condominium located at 150 Seaport Blvd in Boston, MA. It spans a total area of 10,211 square feet. The deal was closed on 01/12/2022.

Summary of transaction details:

  • Property Type: 22-story Residential and Retail Condominium
  • Transaction Amount: $345,000,000
  • Address: 150 Seaport Blvd, Boston, MA
  • Market: Boston, MA
  • Lender: Madison Realty Capital - Josh Zegen
  • Landlord: Cronin Development - Jon Cronin
  • Loan Type: Construction & Inventory Financing

The lender involved in this transaction is Madison Realty Capital, represented by Josh Zegen. The landlord is Cronin Development, represented by Jon Cronin.

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Deals
  • Location
    150 Seaport Boulevard, Boston, Massachusetts 02210, United States150 Seaport Boulevard, Boston, Massachusetts 02210, United States
  • Loan Value
    $345,000,000$345,000,000
  • Asset Type
    Co-OpCo-Op
  • Parties
    1 Lender1 Lender

Madison Reality Capital

Madison Reality Capital

Lender
Deals75
Volume$ 277.8B

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Deal Summary

LOAN IMAGE: Josh Zegen & Jon Cronin DATE: 01/12/2022 ADDRESS: 150 Seaport Blvd MARKET: Boston, MA ASSET TYPE: 22-story, 114-unit Residential and Retail Condominium ~ SF: 10,211 LENDER: Madison Realty Capital (@MadisonRealtyCapital) - Josh Zegen (@JZegen) LANDLORD: Cronin Development - Jon Cronin LOAN AMOUNT: $345,000,000 LOAN TYPE: Construction & Inventory Financing

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