Boston
Boston-Area High-Rise Changes Hands for $29M
Capstone Apartment Partners’ Stasiu Geleszinski, Austin Green and AJ Klenk brokered the sale of the 24-story tower in Worcester, Mass.
Colliers International Arranges Boston-Area Sale
The firm represented the seller, R.H. White Cos., in the disposition of a 112-unit Class A community in Millbury.
Boston-Area Community Breaks Ground
Mill Creek Residential is developing Modera Marshfield, a 248-unit residential community in Marshfield, Mass.
Capitol Seniors Housing Opens Boston-Area Community
Stone Hill at Andover is operated by The Northbridge Cos. and features 96 units providing independent living, assisted living, and memory care.
Boston Multifamily Report – Summer 2019
The metro’s rent growth is supported by high demand for upscale apartments in core submarkets.
Senior, Disabled Community in Boston Area Scores $10M Loan
The owners refinanced Peter Sanborn Place through a MassHousing loan and intend to implement an improvement program.
Bell Partners Buys Boston-Area Community
Vinnin Square Apartment Homes in Salem will be renamed and managed by the firm, bringing its current operations in the Boston metro to seven properties.
WinnCompanies Lands $11M Loan for Boston Redevelopments
The Clippership projects involve the demolition of four buildings and the construction of two new ones that are set to include 22 affordable apartments and 30 mixed-income condos.
Boston-Area Community Scores $49M in Affordable Financing
Developer WinnCompanies acquired the 284-unit property, a converted industrial leather tanning complex in Peabody. The deal ensures the apartments will remain accessible to low-income families.
Boston-Area Affordable Development Lands $23M Loan
The financing includes funds from MassHousing’s $100 million Workforce Housing Initiative. Just-A-Start intends to create 23 new apartments and preserve 65 units for low-income residents in Cambridge.