News: Financial Digest

Wagner and Hosmer of Cushman & Wakefield arrange $116 million in acquisition financing

According to Cushman & Wakefield, $116 million in acquisition financing has been arranged for 10 Post Office Sq., an office property situated in the Financial District along Post Office Sq. Cushman & Wakefield's Equity, Debt & Structured Finance group has arranged financing as the exclusive advisor to a joint venture between Synergy Investments and GreenOak Real Estate. The financing was provided by Mesa West Capital. Cushman & Wakefield's managing director Jay Wagner and associate Timothy Hosmer of the Boston-based Equity, Debt & Structured Finance group arranged the financing. "Synergy, with their extensive portfolio and expertise with today's variety of Boston tenants, is the ideal group to maximize value at 10 Post Office Square" said Wagner. "The lenders that pursued the financing understood Synergy's value-add strategy in the highly desirable core of the financial district." Located on Norman B. Levanthal Park in Post Office Sq., in the Financial District, this 13-story, 445,000 s/f property is leased to several high quality tenants including Boston Private Bank and Arrowstreet Architecture & Design. As a historic bank, 10 Post Office Sq. combines heritage and innovation with its mix of tenants ranging from classical financial services to cutting-edge technology and design,
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Boston, MA The fall season always marks the return of IFMA Boston events, and this year is no different. Registration is now open for IFMA Boston’s FMForward Deep Dive 2024. The FMForward Deep Dive 2024 Conference will be held on November 19th at the Babson Executive Conference Center in Wellesley, Mass.
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What’s UP with that? - by Kyle Kadish

What’s UP with that? - by Kyle Kadish

Investors have multiple tools to defer tax liabilities when selling investment properties. The best known is likely a 1031 exchange - which has been around in some form or fashion for over 100 years. Installment sales have existed as part of the code for more than 75 years. Newer legislation (2017) created Qualified Opportunity Zones (QOZs)
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property
Cracking the code: Understanding the pros and cons of Delaware Statutory Trusts for 1031 Exchange real estate investors - by Dwight Kay

Cracking the code: Understanding the pros and cons of Delaware Statutory Trusts for 1031 Exchange real estate investors - by Dwight Kay

In the realm of real estate investing, the 1031 exchange Delaware Statutory Trust can provide savvy real estate investors a unique opportunity to achieve passive management, the potential for regular monthly distributions, and a way to enter one of the most tax efficient real estate investment strategies available today.
Another reason to stay debt free in a 1031 Delaware Statutory Trust exchange - by Dwight Kay

Another reason to stay debt free in a 1031 Delaware Statutory Trust exchange - by Dwight Kay

It seems like every day there is another reason showcasing the reason why more and more investors are choosing to stay debt-free when investing in Delaware Statutory Trust (DST) properties in a 1031 exchange.