Boston
Boston’s Bulfinch Crossing Lands $250M in Financing
HFF arranged a construction loan for the 46-story residential tower at Bulfinch Crossing, which is set to become the tallest rental community in Boston.
Boston Community Commands Record-Breaking Price
CLPF Residences at Seaport has acquired Watermark Seaport from Skanska and Twining Properties for $60 million. The deal represents the highest price paid per unit for a multifamily project in the city.
MA Affordable Housing Project Lands $23M
MassHousing arranged the financing through JP Morgan Chase on behalf of Just-A-Start for the renovation and reconstruction of 112 affordable units in Cambridge, Mass.
BPDA Approves 3 Small Boston Communities
The developments are part of a larger set of projects which passed at BPDA’s December meeting. Together, they are expected to bring online 97 units and more than 8,000 square feet of retail space.
10 Largest Multifamily Properties in Boston
The city’s multifamily market continues to be one of the most stable in the U.S., while its long-term fundamentals create and attract high-skilled workers. However, the area faces a housing shortage due to high demand.
BPDA Approves 541 New Units Across Boston
The approved development sites include 264 Huntington Ave., 75-85 Liverpool St. and 46 Hichborn St. in Brighton, as well as 256 Dorchester St in South Boston. The estimated investment cost is $486 million.
MA Multifamily Property Lands $24M Refi
Hunt Mortgage Group has provided a $23.5 million refinancing loan for South Coast Landings, a 240-unit multifamily property, located 18 miles southeast of Providence, R.I.
Tower at One Greenway Changes Hands
Located in downtown Boston, the 217-unit residential community was acquired by PGIM Real Estate. Tower at One Greenway is LEED-certified, offering more than 3,000 square feet of ground-floor retail space.
Colliers Secures Financing for Boston-Area Apartments
The Pioneer will be a 286-unit luxury apartment community, located in Everett, Mass. The six-story building will provide on-site retail and leisure amenities.
Largest Rental Markets Flat at the End of the 2017 Peak Rental Season
Although over 80 percent of the nation’s local markets have recorded year-over-year rent growth in September, stagnating or decreasing prices have been noticed in the largest and most expensive cities in the U.S., where renters have long been waiting for some relief.