BOSTON — HFF has arranged a $250 million construction loan for the development of the first phase of Bulfinch Crossing, a 46-story residential property located at 100 Sudbury St. in downtown Boston. The borrower is a joint venture between National Real Estate Advisors and its Boston-based development partner, The HYM Investment Group. John Fowler, Riaz Cassum and Jennifer Keller of HFF secured the 15-year loan through Pacific Life Insurance Co. for the borrower.
The first phase residential tower is part of a 4.8-acre, 2.9 million-square-foot redevelopment of Government Center Garage that will transform the above-grade parking garage into a mixed-use district in downtown Boston. Featuring 368 rental units and 55 condominiums, the residential tower will offer an outdoor pool, three roof decks, a fitness center, a yoga studio, a clubroom, a children’s playroom, a golf simulator, a full chef’s kitchen and an outdoor dog run and dog spa.