Seyfarth Shaw Represents RBS Citizens in $72 Million Construction Financing for Waterside Place

Contacts: 
Brian Kiefer, Director of Public Relations
(312) 460-6401, bkiefer@seyfarth.com

Ivette Delgado, Senior Public Relations Associate
(212) 218-5273, idelgado@seyfarth.com

BOSTON (August 14, 2012) — Leading law firm Seyfarth Shaw LLP has represented RBS Citizens in connection with a $72 million construction financing for the development of Waterside Place in Boston, which recently broke ground this summer.  

RBS Citizens led a consortium of banks, serving as sole lead agent & arranger, to provide the developers of this mixed-use development project with one of the region’s largest construction financings this year.

Located in Boston’s Seaport District, one of the most active development sites in United States, Waterside Place is a $120 million high-rise apartment complex that will feature rental housing, retail and parking. Waterside Place’s 236 residential units will be conveniently located between the Boston Convention Center and the Seaport Hotel.

The Seyfarth Shaw team was led by attorneys Andrew Pearlstein and Mike Dowley, who are both based in the firm’s Boston office.

Seyfarth Shaw has over 800 attorneys located in 10 offices throughout the United States, including: Atlanta, Boston, Chicago, Houston, Los Angeles, New York, Sacramento, San Francisco and Washington, D.C., as well as internationally in London. Seyfarth Shaw provides a broad range of legal services in the areas of labor and employment, employee benefits, litigation, corporate and real estate. The firm’s clients include over 300 of the Fortune 500 companies, and our practice reflects virtually every industry and segment of the economy. For more information, please visit www.seyfarth.com.