07:40 AM EDT, 10/09/2025 (MT Newswires) -- BXP (BXP) and its joint venture partner, Delaware North, said Thursday that they have closed a $465 million non-recourse mortgage loan.

The company said the 5.5-year loan matures on April 9, 2031, and is secured by the podium and office tower at The Hub on Causeway in Boston.

Proceeds were used to repay two existing loans on the property, totaling about $490 million, the company said.