Mount Vernon Co. Buys Hub Hotel for $17.2M; BRA Brokers Deal on One-time YWCA Dorm

Mount Vernon Co. Buys Hub Hotel for $17.2M; BRA Brokers Deal on One-time YWCA Dorm

By Joe Clements

BOSTON—The Mount Vernon Co., among metropolitan Boston’s most active CRE investors and best known for creating a mixed-use oasis in Allston, has bought a hotel and multifamily building at 40 Berkeley St. in a revamped YWCA dormitory in the city’s South End. The off-market acquisition from former {read full article}

Black and Phelan Arrange $65 Million Cambridge Loan

Black and Phelan Arrange $65 Million Cambridge Loan

CAMBRIDGE — Terms were not disclosed, but those behind a $65 million leasehold mortgage from The Hartford Life Insurance Co. on 40 Landsdowne St. were attractive enough to win the business of Forest City Enterprises and Health Care REIT Inc. on a refinancing arranged by Colliers International. Vice {read full article}