The Beverly Update 06/26/18

The Beverly Mortgaged for $85 Million

The residences at 101 Beverly Street in Boston's Bulfinch Triangle has been mortgaged for $85 Million via Wells Fargo Bank.

The 14-story mixed-use building features 239 top-quality, mixed-income apartment residences, a 220-room Courtyard Marriott hotel and 10,000 square feet of ground-floor retail. The Beverly is Downtown Boston’s first 100% affordable and workforce housing development in over 25 years; residences are rented to households with incomes ranging from 30 to 165 percent of Area Median Income (AMI).

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