FRAMINGHAM, MA-Capital Markets from Jones Lang LaSalle has arranged a $98-million senior financing for the purchase of Jefferson Hills, a 1,020-unit apartment complex at 1610 Worcester Road in Framingham. Greystar financed the acquisition with a loan from the Capital Markets Execution program of Freddie Mac.
Jefferson Hills was constructed in 1976. The property's vacancy rate is 5%. Thomas Fish, Catherine Justice and Faron Thompson of Jones Lang LaSalle handled the financing deal. For the full story, go to Boston Business Journal .
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