CBRE Capital Market arranges $3.8m refinancing

The Boston office of the debt and equity placement division of CBRE | Capital Markets has arranged for the $3.8 million financing for two Class A office buildings located at Six Lincoln Knoll and 27 Cambridge St. Sean McKenna, director at CBRE | Capital Markets' Boston office secured the loan on behalf of Lincoln Knoll Realty Trust. The financing was arranged through a correspondent life insurance company. The $3.8 million refinancing is priced competitively for a seven-year term/20-year amortization. Six Lincoln Knoll and 27 Cambridge St. consists of two fully leased first class office buildings totaling 34,000 s/f. The buildings are leased to multi-tenants and are well positioned in the marketplace. The immediate surrounding area is fully developed with office buildings and major retail destinations.