Lantera Update 01/31/17

John Hancock takes major equity stake in The Residences at Boston Landing


John Hancock Financial has taken a major equity stake in the under-construction Residences at Boston Landing residential and retail development in Brighton. John Hancock joins New Balance and The HYM Investment Group in developing the 17-story building, which will feature 295 residential apartments and 16,400 square feet of retail. Terms of John Hancock's deal with New Balance and HYM were not disclosed. The Residences at Boston Landing is scheduled to open in June 2018.

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