News: Spotlights

Cassum, Tepedino and LaBine of HFF arrange $140m in financing

The Boston office of Holliday Fenoglio Fowler, LP (HFF) has arranged $140 million in financing for the recently-opened Renaissance Boston Waterfront Hotel in the Seaport District. Working exclusively on behalf of Loeb Partners Realty, HFF senior managing directors Riaz Cassum and Michael Tepedino (HFF New York), along with director Greg LaBine, placed a $90 million acquisition loan with Deka Bank and a $50 million mezzanine loan with Fillmore Capital Partners.   Completed in the spring, the Renaissance Boston Waterfront Hotel has 471 guest rooms including 21 suites and more than 21,000 s/f of meeting space with a 10,700 s/f ballroom and a 4,400 s/f junior ballroom. The 21-story hotel has 8,248 s/f of indoor recreation space, 5,925 s/f of food and beverage areas and 1,581 s/f of retail. Guests have access to a spa and roof deck.  Located east of Boston's Financial District, the hotel is close to the Boston Convention & Exhibition Center and Logan International Airport. The Renaissance Boston Waterfront Hotel restaurant, 606 Congress, has American cuisine with regional influence.
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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary