BOSTON—The ownership of the 1.8-million-square-footInternational Place office complex here hassecured a $500-million refinancing of the property located in thecity's Financial District.
The refinancing was announced by HFF, whichplaced the fixed-rate loan with New York Life Real EstateInvestors and Northwestern Mutual onbehalf of a joint venture between The Chiofaro Co.and an institutional partner. The HFF debt placement team thatrepresented the borrower was led by senior managing directorRiaz Cassum and real estate analystPatrick McAneny.
In a seperate announcement, Northwestern Mutual announced itfunded $250 million of the $500-million mortgage loan refinance forInternational Place.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
