May
30
HFF Arranges $51M Refi for Class A Biotech Property
ByThe five-year, fixed-rate loan for 1030 Massachusetts Ave. was secured through Capital One Healthcare, on behalf of a Longfellow Real Estate Partners affiliate.
1030 Massachusetts Ave., Cambridge, Mass.
Boston—HFF recently closed a $51 million recapitalization financing deal for 1030 Massachusetts Ave. in Cambridge, Mass., on behalf of a Longfellow Real Estate Partners affiliate. The five-year, fixed-rate loan was secured through Capital One Healthcare.
Situated within walking distance from both Harvard and Central Squares, the 4-story, 77,805-square-foot property is a former office building developed in the mid 1980s and was acquired by Longfellow in 2009…
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