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RBC Real Estate Capital Corporation and lenders provide $750 million loan secured by leasehold interest in Boston, Massachusetts

June 2023

Client(s) The Royal Bank of Canada

Jones Day represented RBC Real Estate Capital Corp., a subsidiary of the Royal Bank of Canada, in connection with a $750 million construction loan to lease and develop a ground-up mixed-use development comprised of a lab component with approximately 529,000 net rentable square feet, a multifamily component with approximately 343 rental units, and a hotel component with approximately 246 rooms and 83,000 net rentable square feet.

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