HFF Secures Financing for Apartment Community in Boston’s Longwood Medical Area
HFF (HF)
Last hff earnings: 4/24 04:15 pm
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Source: Business Wire
BOSTON--(BUSINESS WIRE)--Holliday Fenoglio Fowler, L.P. (HFF) announces that it has secured financing for CityView at Longwood, a 289-unit apartment high-rise in Boston’s Longwood Medical Area.Working on behalf of the borrower, a joint venture between Jefferson Apartment Group and LaSalle Investment Management, HFF placed the floating-rate acquisition loan with a Brookfield-sponsored real estate debt fund and ING Capital LLC.CityView at Longwood is located at 75 St. Alphonsus Street in the Longwood Medical Area, one of the premier medical clusters in the world with 15.5 million square feet of dedicated medical research and treatment facilities, including three teaching hospitals affiliated with Harvard Medical School. With a Walk Score® of 93, the apartment community is just one block from the MBTA Green Line and within walking distance of the Orange Line providing direct access to downtown Boston. Additionally, the Fenway neighborhood with an abundance of dining, entertainment an
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