February 10, 2009 Mara Bushari

Even the most famous building in Boston real estate is not immune from the foreclosure crisis. The John Hancock Tower, one of the Back Bay’s most notable landmarks, is scheduled to be auctioned off to the highest bidder next month after owner, Broadway Partners, defaulted on some of its debt payments. Broadway Partners purchased the building in December 2006 for a record $1.3 billion on the speculation that red-hot Boston office rents would continue to rise. Only a last-minute deal to extend the loans on the building could prevent a foreclosure sale. It is scheduled to be auctioned on March 31st by the New York based SL Green Realty Corp.

Mara Bushari

Mara is a creative thinker and strategic marketer. She graduated Summa Cum Laude from Boston University’s College of Communication and worked in international finance before joining The Bushari Team. Mara strives to exceed expectations. As Client Relations Specialist, she is a key facilitator in all team transactions, making the buying or selling process as stress-free as possible for the client. Mara learned many of her extraordinary organizational and problem-solving skills during her service in the Israeli Defense Forces, where she earned the “President’s Award” for exceptional service. In the military, Mara solidified her abilities to achieve top results in high pressure and time sensitive situations. In her spare time, Mara enjoys skiing, photography and writing.

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