Boston-based Fantini & Gorga has arranged $30.6 million in refinancing for a Boston office building at 18 Tremont St.
Proceeds were used to retire the existing debt, cover closing costs and provide for future leasing and capital costs. The loan was placed by managing directors Wayne Clough and Mark Whelan with a Boston-based financial institution.
"Our client, an affiliate of Philadelphia-based Equus Capital Partners Ltd., has completed a renovation of the lobbies and mechanical systems of the subject and [is] now well positioned to capture the benefits of the increased leasing velocity occurring in Boston’s downtown area," Clough said in a statement.
