CBRE ASSISTS WITH RECAP OF CHARTER SCHOOL

BOSTON — CB Richard Ellis (CBRE) has assisted in the recapitalization of 100 Arlington Street on behalf of the Boston Renaissance Charter Public School (BRCPS). The 13-story, 200,000-square-foot building is located in Boston’s Back Bay neighborhood and has been occupied by BRCPS for more than 10 years. The school is using the proceeds from the recapitalization for the construction of a new school in the city’s Hyde Park neighborhood; the old location will be sold. Patrick Cavanagh and Chris Angelone of CBRE and Richard Taylor of Taylor Smith Realty represented BRCPS in the transaction, and procured The Congress Group and Apollo Real Estate Advisors to recapitalize the property.