HFF, a firm that provides commercial real estate and capital markets services, said it has arranged a $95 million refinancing for 116 Huntington Ave., a Boston office building located between the Copley Place Marriott and the Colonnade Hotel.
HFF said it worked on behalf of the property’s owner, Broadway Real Estate Fund III L.P., to secure the adjustable-rate loan through a unit of RBC Capital Markets. The loan proceeds were used to refinance the maturing first mortgage and mezzanine loans.
According to HFF, 116 Huntington Ave. is a 15-story building with 264,000-square-feet of space and a 120-space parking garage; it is currently 99 percent leased to tenants including GE Healthcare, American Tower, Constellation New Energy, and Brigham & Women’s Hospital.
