A joint venture between Griffith Properties and Dune Real Estate Partners has sealed a $78 million refinance loan for five industrial properties in the Boston market, Commercial Observer has learned.
Argentic Real Estate Investment and Hillcrest Finance provided the loan on the sponsorship’s Boston Logistics Portfolio. The JV acquired the assets in November 2020 for $76 million.
Newmark (NMRK) arranged the debt transaction with a team…
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