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TCI provides $870m development loan for mixed-use tower in Boston

A joint venture between affiliates of Hines, APG Groep and Dune Real Estate Partners secured the facility
The loan will finance a 51-storey tower which is part of the South Station redevelopment. Caption: iStock
The loan will finance a 51-storey tower which is part of the South Station redevelopment. Caption: iStock
By Alicia Villegas
CoStar News
January 28, 2020 | 12:45 P.M.

London-based hedge fund The Children's Investment Fund (TCI) has written an $870m (£668.8m) development loan for the construction of a mixed-use tower at Boston's South Station transportation hub.

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