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BOSTON-A joint venture between Cornerstone Real Estate Advisers and the Fallon Co. has secured $110 million in financing for a recently completed two-building luxury apartment complex in Boston's Seaport District called Park Lane Seaport.

Located on two parcels on Seaport Boulevard along the South Boston waterfront, the complex includes 465 apartment units with views of Boston Harbor or the city skyline. There will also be 20,000 sf of restaurant and retail space along with community amenities that include a rooftop terrace, fitness center, clubroom, conference room and 480-space underground parking garage. The property, which is currently more than 60% leased, will include a Legal Seafood's Test Kitchen and Sal's Italian Trattoria.

Financing for the project was arranged by Sarah Leggat and Anthony Cutone, with the Boston office of Holliday Fenoglio Fowler, LP, who worked exclusively on behalf of the joint venture partners. The Fallon Co. and Cornerstone are also developing Fan Pier, a more than 20-acre site along Northern Avenue that will include two office buildings, condominiums, retail space and a hotel along with the Institute of Contemporary Art, a Harbor Walk and a marina.