GTIS, ULLICO Secure $160 Million Loan to Fund Development of Beacon Hill Condo Bldg.

by | Feb 7, 2018 | Commercial Real Estate News

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GTIS, ULLICO Secure $160 Million Loan to Fund Development of Beacon Hill Condo Bldg.

GTIS Debt Capital Management and The Union Labor Life Insurance Co. (ULLICO) have lined up $160 million in financing to develop a new high-end condo building in the historic Beacon Hill neighborhood of downtown Boston.

The Archer Residences Beacon Hill will offer 70 condominiums at 33-61 Temple St. on the former site of the Suffolk University Law School buildings. Located one block from Boston Common and adjacent to the Massachusetts State House…

Article From: "Key Realty Commercial Real Estate News"   Read full article