Abbey refinances Back Bay apartment complex
The Boston office of Holliday Fenoglio Fowler LP said today that it has secured a $33.5 million refinancing for the St. Germain Apartments, a rental complex with 207 apartments in Boston's Back Bay neighborhood.
Working on behalf of the Abbey Group, the owner of the complex, Holliday Fenoglio Fowler, or HFF, said it placed a fixed-rate loan with Landesbank Hessen-Thuringen Girozentrale.
"Originally built in 1900 and renovated in 1998, St. Germain Apartments has 48 brownstone buildings with studio, one-, and two-bedroom units averaging 705 square feet each," HFF said in a press release.
The Abbey Group is a Boston developer that currently owns Landmark Center and Lafayette Corporate Center, among other properties, HFF noted.
(By Chris Reidy, Globe staff)
