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Attached is a PDF copy of Meredith & Grew's interest rate sheet that includes current and historical Treasury, LIBOR and Prime interest rates, which are updated daily with real time data from Strategic Alliance Mortgage.
We provide these updates on a weekly basis to keep our clients and colleagues aware of rate movements. We hope you find this information helpful.
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Meredith & Grew’s Capital Markets Group has secured a $10.1 million refinancing loan for The Liberty Tree Building in Boston, Massachusetts.
July 12, 2007
Boston, Massachusetts - Meredith & Grew’s Capital Markets Group has secured a $10.1 million refinancing loan for The Liberty Tree Building in Boston, Massachusetts. Executive Vice President Kevin C. Phelan and Vice President John J. Broderick represented the borrower, Liberty Tree SPS, LLC, in the transaction. The ten-year, fixed-rate loan closed in May 2007. CIBC World Markets, a national conduit lender, financed the deal.
The Liberty Tree Building is a five-story, 44,539-square-foot office building with a ground floor retail component located at 630 Washington Street in downtown Boston. The property underwent a $7 million renovation in 1998 and thereafter housed Boston’s Registry of Motor Vehicles. Dunkin Donuts occupies the ground floor retail space. The building is 100% leased.
“CIBC did an outstanding job of getting this loan closed as initially agreed upon during some very unsettled times in the marketplace,” said Broderick.
Please contact the Capital Markets Group at Meredith & Grew with any financing questions.
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