Multifamily news in Boston
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JLL Income Property Trust Buys Boston Luxury Apartments
The REIT acquired the 192-unit community in the suburb of North Andover.
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Boston Multifamily Report – Winter 2021
Also pressured by new supply, the metro's Lifestyle rates were still contracting going into 2021.
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MIT Opens 2 On-Campus Student Housing Communities
The residences, one for undergraduates and one for graduates, were built to meet current safety standards.
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Harrison Street Picks Up Boston-Area Senior Asset
The 90-unit community in Watertown, Mass., offers independent and assisted living, along with memory care services.
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Top 5 Boston Submarkets for Construction Activity
Despite declining rents, the market’s active development pipeline could signal confidence in the metro’s long-term recovery.
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Trammell Crow Residential to Begin Construction on Boston-Area Project
The 282-unit Alexan Kingston community will replace the shuttered Sears department store at Kingston Collection Mall.
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Suburban Boston Storage Facility Trades for $25M
Nassau CorAmerica originated a $15.7 million loan for the acquisition of the 970-unit property in Needham.
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Bell Partners Acquires Multifamily Duo in Greater Boston
The new owner plans to merge the two assets into a 420-unit community called Bell Westford.
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Nonprofits Land $37M for Boston Affordable Project
MassHousing provided a complex financing package for the 135-unit development to take shape near Mattapan Station.
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Waterton Enters Boston Market
The firm has acquired Rosemont Square in Randolph, Mass., located about 12 miles south of downtown Boston.
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Avanath Acquires Boston Workforce Housing
The purchase of the 207-unit Morton Village Apartments in Mattapan, Mass., marks the company's entrance into the Boston metro.
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Weston Associates Lands $82M Loan for Boston Affordable Asset
The financing extends the affordability of the 231-unit senior and disabled housing community for 23 years.
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Affordable Boston Community Lands $33M Refi
The FHA Section 223(f) financing will preserve affordability at Mountain View Terrace Apartments for the next 31 years.
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LCB Senior Living Opens Boston-Area Senior Community
The developer broke ground on the 90-unit assisted living and memory care facility in 2018.
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Lendlease Recapitalizes 2 Projects for $200M
The loans are for The Cooper in Chicago and Clippership Wharf in Boston, held through its U.S. investment vehicle with Aware Super.