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$17m deal for Congress.


The New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 office of HFF HFF Hochschule für Fernsehen und Film München (Germany)
HFF Heartland Film Festival
HFF Hardy Fern Foundation
HFF Half Forward Flank (football position)
HFF Horizontal Flute Factor
 (Holliday Fenoglio Fowler, L.P.) has secured $17.5 million in acquisition financing for 313 and 330 Congress Street, two office buildings totaling 105,982 s/f in the South Station/Fort Point Channel Corridor of Boston.

HFF senior managing director Jay Marshall Jay Marshall may refer to:
  • Jay Marshall (magician) (1919 – 2005), magician and ventriloquist
  • Jay Marshall (pitcher), Major League Baseball pitcher
 worked on behalf of Brickman Associates to secure the 10-year, 5.92% fixed-rate securitized securitized

Of, related to, or being debt securities that are secured with assets. For example, mortgage purchase bonds are secured by mortgages that have been purchased with the bond issue's proceeds.
 loan through Deutsche Bank, a conduit lender. Brickman, a New York-based real estate owner-operator and investment company, purchased the Congress Street properties through its Brickman Real Estate Fund II, which invests in core real estate assets throughout the United States.

313 and 330 Congress Street are brick and beam office restorations originally built in 1890 and renovated in 1984. The six-story buildings consist of 70,241 square feet and 35,765 square feet respectively and are 94% leased to tenants including National Mentor, Standard Register and American Diabetes.
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Article Details
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Jun 28, 2006
Words:151
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