Boston
Jones Street Lands $31M for Massachusetts Development
Boston Realty Advisors secured the five-year loan from Cambridge Savings Bank for the construction of a mixed-use development in an Opportunity Zone in North Attleboro.
Boston-Area Community Commands $227M
An affiliate of the DSF Group has acquired the 1,020-unit multifamily property, located in Framingham, from LivCor. The rental community is spread across 27 acres.
MassHousing Provides $36M in Financing for MA Affordable Housing
The former Worcester County Courthouse will be redeveloped by Trinity Financial into 117 apartments, including 45 workforce housing units and 13 for extremely low-income residents.
Boston-Area Community Lands $30M Financing
Working on behalf of Forest Properties, American Street Capital arranged the loan for the 111-unit Barclay on Beacon in Brookline, Mass.
New England Portfolio Secures $164M Refi
The 14 communities adding up to 1,620 units are spread across Greater Boston and suburban New Hampshire. PGIM Real Estate Finance originated the Fannie Mae loan.
Boston Multifamily Report – Spring 2019
Considering the 8,250 units slated to come online in 2019, which would mark a new development cycle high, rent growth is expected to moderate slightly, to 2.7 percent for the year.
Hana Invests in Cottonwood’s Boston Mega-Project
The South Korean alternative asset manager closed its debut investment in EchelonSeaport, a $950 million luxury, mixed-use project under construction in the Seaport District.
Upscale Boston-Area Community Breaks Ground
Developed by The NRP Group with construction financing from Capital One Financial Corp., the 145-unit property is situated directly across from Revere Beach on the Atlantic Ocean in the city of Revere.
Boston Boutique Multifamily Community Changes Ownership
Corcoran Management Co. acquired the 31-unit luxury property for $25 million. HFF represented the seller, The Cincotta Cos., and procured the buyer.
When Affordable Housing Clicks with Technology
Massachusetts Housing Partnership’s Susan Connelly, MPZ Development’s Mathieu Zahler and coUrbanize’s Karin Brandt discuss the ways online outreach tools can spur civic engagement and address community issues.