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Real Estate Bulletin, Summer 2016

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08.16.2016 | Legal Update

The Nutter Real Estate Bulletin is a periodic update that highlights recent client transactions for which we have been pleased to serve as legal counsel. For further information, please contact your Nutter attorney.

The Boulevard, Boston Takes Shape

Boulevard

Nutter advised the owner and developer of the property located at the corner of Broad Street and the Rose Kennedy Greenway in downtown Boston in the financing of a new 12-story residential and commercial condominium project, known as The Boulevard. Nutter's representation of the developer included the negotiation of senior mortgage financing as well as a preferred equity investment by the developer's partner, a national investment management firm. The project is designed to contain 31 market-rate units, 5 artists' units, a retail unit and a garage, and includes elements of a historic Bulfinch building.

Nutter assists Congregation Mishkan Tefila in sale and relocation of campus

Mishkan

Nutter recently represented Congregation Mishkan Tefila (CMT) in two related transactions: (1) the sale of CMT's land and buildings in Chestnut Hill (see aerial photograph) to nearby Boston College, and (2) CMT's relocation to the Brookline campus of Congregation Kehillath Israel (CKI), including the negotiation of a unique, complicated co-location agreement with CKI addressing multiple real estate, operational and programmatic issues.

Nutter Represents Client in Lakeway Commons Project

Lakeway

Nutter's client, Grossman Development Group, along with its investment partner and lender, successfully completed the acquisition of the former Spags site along Route 9 in Shrewsbury, Massachusetts. The development team has commenced construction of a new mixed use project at the site, known as Lakeway Commons. The project is scheduled to open in August 2017.

This update is for information purposes only and should not be construed as legal advice on any specific facts or circumstances. Under the rules of the Supreme Judicial Court of Massachusetts, this material may be considered as advertising.

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