BOSTON—A venture of affiliates of Ares Management LLC and CV Properties LLC has secured $240 million in permanent financing for the newly built One Channel Center office building and Channel Center Garage here.

The deal was announced by HFF, which represented the borrower in the transaction. The financing was structured as a $190-million first mortgage, and a $50-million mezzanine loan. HFF also arranged the $170-million construction loan for the property in 2012. Managing Director Anthony Cutone and Senior Real Estate Analyst Brett Paulsrud led the HFF debt placement team in the deal.

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