Boston — Samuels & Associates and its partner Weiner Ventures have completed project financing for Barry’s Corner Residential and Retail Commons in Boston’s Allston neighborhood. The project is the first private development undertaken on Harvard University land in Boston and is subject to a long-term ground lease. Situated at the corner of North Harvard Street and Western Avenue, the site will be redeveloped as a LEED Gold-certified, mixed-use project for non-academic uses. The project will include 325 rental apartment units, 35,000 square feet of ground-floor retail space, approximately 180 below-grade parking spaces and 40 on-street parking spaces on two new to-be-created streets within the development. Construction is underway and residential units will be available in August 2015. HFF, on behalf of Samuels & Associates, secured joint venture equity with American Realty Advisors and a construction loan through Northwestern Mutual.
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