Boston Residential Group has announced it recently completed the refinancing of Church Park Apartments in Back Bay.

The $265 million transaction replaces debt financing from Freddie Mac. The deal includes a loan from AIG and mezzanine debt from JP Morgan Asset Management.

Church Park Apartments is a luxury apartment building with 508 units and 75,000 square feet of retail space, including a Whole Foods, CVS, Santander Bank and Economy Hardware. The 705,000-square-foot mixed-use property also includes 540 parking spaces. The building is located at the intersection of the Fenway, South End and Back Bay neighborhoods and was designed by The Architects Collaborative. Built in 1971, the building has been renovated and updated over the years and now includes a roof deck, exercise room, bike storage and a 24-hour doorman.

Holliday Fenoglio Fowler advised Boston Residential Group on the transaction.

Boston Residential Group Completes $265M Refinancing

by Banker & Tradesman time to read: 1 min
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