BXP Announces Closing of $465 Million Financing for The Hub on Causeway
Boston Properties, Inc. (BXP)
Last boston properties, inc. earnings: 4/28 04:49 pm
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Source: Business Wire
BOSTON--(BUSINESS WIRE)--BXP, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, together with its joint venture partner, Delaware North, announced the closing of a $465.0 million, 5.5-year, non-recourse mortgage loan secured by the podium and office tower at The Hub on Causeway in Boston, Massachusetts.“We are pleased to complete this financing, which not only enhances the strength and flexibility of our balance sheet, but also demonstrates our access to attractively priced capital in the secured mortgage market,” said Mike LaBelle, Executive Vice President and Chief Financial Officer, BXP.The loan is scheduled to mature on April 9, 2031, and bears interest at a fixed rate of approximately 5.733% per annum. Proceeds from the loan were used to repay two existing loans on The Hub on Causeway having an aggregate outstanding principal balance of approximately $490 million.This transaction represents BXP’s first “Gre
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BXP
News
- BXP (NYSE:BXP) was upgraded by analysts at KeyCorp to an "overweight" rating.MarketBeat
- BXP (NYSE:BXP) was upgraded by analysts at Royal Bank Of Canada to an "outperform" rating.MarketBeat
- BXP (NYSE:BXP) was given a new $78.00 price target on by analysts at Barclays PLC.MarketBeat
- BXP (NYSE:BXP) had its "sell (d+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- BXP (NYSE:BXP) had its price target lowered by analysts at Wells Fargo & Company from $77.00 to $74.00. They now have an "overweight" rating on the stock.MarketBeat
BXP
Earnings
- 10/28/25 - Beat
BXP
Sec Filings
- 12/2/25 - Form 4
- 12/1/25 - Form 144
- 11/26/25 - Form 4
- BXP's page on the SEC website