Bulfinch Completes Financing of 176 Second Avenue with American Bankers Life Assurance Company
NEEDHAM, MA – October 7, 2015 - The Bulfinch Companies, Inc., a private Greater Boston commercial real estate investment firm, today announced it has closed on the extension of an existing loan with American Bankers Life Assurance Company of Florida for 176 Second Avenue, a Bright Horizons leased day care facility overlooking Route 128/I-95 in Waltham, MA. American Bankers Life Assurance Company is an affiliate of Assurant, a provider of risk management solutions with more than $30 billion in assets.
“We have worked with American Bankers Life Assurance Company for a decade and were pleased to extend the term of the loan and lock in a favorable fixed interest rate on this asset.” said Eric D. Schlager, Chief Executive Officer of Bulfinch. “We look forward to expanding our long-term relationship with the firm.”