Blackstone, a major institutional investor that has been trimming its office holdings, divested an office building in downtown Boston to Synergy, a locally based investment firm led by CEO David Greaney. Blackstone sold the building by transferring the property's $76.5 million in mortgage debt to Synergy.
Blackstone Transfers Loan To Shed Downtown Boston Office Building
Boston-based Synergy Assumes $76.5 Million Loan, Takes Ownership of 179 Lincoln St.
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IN THIS ARTICLE
- Companies
- Blackstone Inc.
Finance and Insurance
- Newmark
Real Estate
- Contacts
- Edward Maher
Executive Vice Chairman, Newmark
- Samantha Hallowell
Senior Managing Director, Capital Markets, Newmark
- Robert Griffin
Co-Head of U.S. Capital Markets, Newmark
- Will Sleeper
Senior Financial Analyst, Capital Markets, Newmark
- Matthew Pullen
Vice Chairman, Newmark