

John Hancock Financial has provided a $100m first mortgage loan to Saudi Arabia-based Enpro International for the refinancing the Four Seasons Hotel Boston, according to reports.
The loan takes out an $80m securitized loan (JPMCC 2005-LDP3) the developers received in 2005.
The hotel also features The Bristol lounge bar and restaurant, an indoor pool on the eighth floor, a 3,710 sq ft ballroom, gym and a wellness center. The property, built in 1985, underwent a $48m renovation between 2004 and 2006.
In June of 2014, Four Seasons Hotels and Resorts announced plans for construction of the 60-story Four Seasons Tower, a $700m project to be built next to the Christian Science Plaza in Boston’s Back Bay neighborhood. The 700-ft-tall luxury condominium building, slated for completion in 2018, is to become the city’s tallest residential building.
E. A. Juffali & Brothers, Enpro’s parent company, is one of the largest trading, manufacturing, and industrial conglomerates in Saudi Arabia, with joint ventures in various industries covering construction, computer hardware and electronics.