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HFF Furnishes $30M Construction Loan in Boston Suburb

September 19, 2018 / Jeffrey Steele

The Boston office of HFF has provided $30 million in construction financing for a mixed-use development in Newton, Mass. The project, named 28 Austin Street Apartments, will rise above the city’s Austin Street Municipal Parking Lot within the city’s Newtonville neighborhood. HFF’s team worked on behalf of the borrower, a joint venture involving Dinosaur Capital Partners and Oaktree Development, to secure the construction and permanent loan through Boston-based Eastern Bank.