The Auerbach Center Update 05/02/17

$76.35 million financing arranged for new Celtics practice facility at Boston Landing


NB Development Group has secured a $76.35 million construction and permanent financing loan for The Auerbach Center, a new 160,000-square-foot mixed-use building at Boston Landing which will include a new practice facility for the Boston Celtics. Financing was provided by East Boston Savings Bank in a deal arranged by Transwestern Consulting Group. NB and the Celtics broke ground on The Auerbach Center in October 2016; completion of the building is expected in mid-2018.

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