Boston
TODAY’S DEALS: Millennium Tower Boston Completes $650M in Sales in Four Months
Millennium Partners demonstrates an appetite for the ultra-luxury condos in Boston; Bluerock Residential Growth REIT is attracted to Austin; and Hunt Mortgage provides a Fannie Mae loan facility to a property located in Rochester, N.Y.
Brookline Multifamily Property Sells for $50.2 Million
A joint venture between Westbrook Partners and Nordblom Co. sold a multifamily property in Brookline, MA, in a $50.15 million transaction arranged by HFF.
Condos to Replace Deserted Office Building
A new luxury condominium tower could replace a vacant office building located at 171 Tremont Street in Boston’s Midtown Cultural District.
MassDevelopment Helps Chinatown Rental Project with $14.6 Million Affordable Housing Bond
An apartment building that is under construction in Boston’s Chinatown recently received financial help from the Massachusetts Development Finance Agency (MassDevelopment).
TODAY’S DEALS: Bruckal Buys 436 Units in Phoenix
Colliers brokers the sale of a Class B asset in Phoenix; Berkshire Group acquires a Class A apartment community near Boston; and Berkadia secures $20.3 million for a property in Austin.
TODAY’S DEALS: Greystar Closes on $800M Value-Add Multifamily Acquisition Fund
Greystar Real Estate Partners announces the final close of a discretionary commingled fund; and NorthMarq arranges $34.4M refinance with five-year I/O.
TODAY’S DEALS: Wood Partners JV sells 116-Unit Asset for $50.5M
Intercontinental Real Estate Corp. buys an asset from Wood Partners; NorthMarq Capital arranges $30 million in construction financing for an affordable asset; and HFF closes $14.8 million in permanent financing for a newly-built Massachusetts asset.
New Boston Fund, Asian CDC Land Financing for Mixed-Income Development in Boston
New Boston Fund and Asian Community Development Corp. land $114.7 million via HFF for a mixed-income development in Boston’s Chinatown.
BRA OKs New Multifamily Projects from Corcoran Jennison, Trinity Financial
The Boston Redevelopment Authority (BRA) approved this week several real estate projects that, combined, will bring around 1,200 housing units across Boston.
Former Boston Herald Building Gets New Life as Mixed-Use Complex
By Veronica Grecu, Associate Editor
Newton-based National Development revealed new details of the redevelopment project that will transform the former Boston Herald headquarters at the corner of Herald Street and Harrison Avenue in the South End into a 6.2-acre mixed-use complex. […]
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