Multifamily news in Boston
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Rent Growth Rebounds in Boston
The metro’s multifamily development pipeline remains steady, yet demand is once again outpacing supply. Monthly rates rose 2.9 percent year-over-year through July.
11 October 2018 12:49 -
Homeowners Rehab Secures $40M for MA Asset
The 98-unit HRI Concord Highlands will be the largest new construction affordable development to rise in Cambridge, Mass., in 40 years.
04 October 2018 15:42 -
HFF Furnishes $30M Construction Loan in Boston Suburb
The borrowers are building 68 apartments, 5,000 square feet of ground-floor retail, a new public plaza and parking facilities in Newtonville.
19 September 2018 15:39 -
Community Builders Secures $10M for Affordable Boston Development
TD Bank arranged the financing for The Clarion, and its Community Capital Group has also invested $9.2 million of equity in the project. Construction is scheduled for completion by 2019.
07 September 2018 15:51 -
Boston Luxury Community Trades for $43M
Grossman Cos. teamed up with The Waypoint Cos. to sell the recently completed, 80-unit property situated in the Allston neighborhood.
09 August 2018 06:50 -
Boston’s Tallest Residential Tower Reaches Full Height
One Dalton, located atop the 215-key Four Seasons hotel, offers 160 apartments and access to shared amenities such as a theater, a spa and a 65-foot lap pool.
08 August 2018 17:01 -
Boston-Area Community Trades for $44M
PP Hudson Investors has acquired the 176-unit Matrix Hudson in Hudson, Mass. The seller was a joint venture between Heritage Properties and Moss Development.
01 August 2018 17:00 -
On the Market: 5 Interesting Listings for the Week of 7/16
This week's listings include a newly constructed luxury community in Boston, a 1920s-era property in Los Angeles and more.
20 July 2018 15:09 -
CBRE Secures $27M for Former MA Chocolate Factory
The historic building close to downtown Mansfield is being redeveloped into a mixed-income, mixed-use property that will contain 130 units.
20 July 2018 14:27 -
WinnCos. Breaks Ground on Boston Veterans Housing
The Residences at Brighton Marine is the first of its kind to offer mixed-income housing in Boston since World War II. It will include 102 units and on-site services and is scheduled for completion by December 2019.
05 July 2018 17:01 -
Cornerstone Arranges $14M for MA Asset
Langley Terrace in Newton currently comprises three buildings and one two-family home, which will be leveled in order to construct a three-story apartment asset. Construction is scheduled for completion by June 2019.
18 June 2018 16:39 -
Construction Surge Tempers Rent Growth in Boston
Bolstered by population and employment gains, multifamily demand continues to rise across the metro, spurring developer optimism and attracting new investors.
31 May 2018 18:18 -
Sidestepping the Pitfalls of Brownfield Development
Dan Drazen, project manager at Trinity Financial, details the upsides and challenges in brownfield multifamily projects and discusses the firm’s next major adaptive reuse project.
25 May 2018 11:13 -
Multifamily REITs to Flourish in Major Metros: Morningstar
According to the company's latest report, market conditions in the New York City, Boston, Los Angeles, San Francisco and Washington, D.C., metros could have a significant impact on four of the largest REITs over the next two years.
24 May 2018 16:08 -
Nordblom Co. Unveils The Huntington in MA
The 117-unit luxury community is an adaptive reuse of an industrial property and features one- and two-bedroom apartment homes.
30 April 2018 14:08