Market Rate Housing - Boston

Boston-Area Community Trades for $44M
PP Hudson Investors has acquired the 176-unit Matrix Hudson in Hudson, Mass. The seller was a joint venture between Heritage Properties and Moss Development. 
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On the Market: 5 Interesting Listings for the Week of 7/16
This week's listings include a newly constructed luxury community in Boston, a 1920s-era property in Los Angeles and more.
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CBRE Secures $27M for Former MA Chocolate Factory
The historic building close to downtown Mansfield is being redeveloped into a mixed-income, mixed-use property that will contain 130 units.
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  • Cornerstone Arranges $14M for MA Asset

    Langley Terrace in Newton currently comprises three buildings and one two-family home, which will be leveled in order to construct a three-story apartment asset. Construction is scheduled for completion by June 2019.

    18 June 2018 16:39

  • Top 10 Boston Apartment Owners

    Despite rising multifamily property prices, the city has been attracting attention from major investors due to its growing economy and population, as well as its relative affordability.

    09 February 2018 14:11

  • CBRE Closes Sale of Garden-Style MA Community

    After the expiration of the original affordable restrictions, the 102-unit community in Stoughton, Mass.,underwent significant renovations, including landscaping and parking improvements.

    15 January 2018 19:40

  • 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.

    22 December 2017 10:09

  • 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.

    18 December 2017 18:29

  • 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.

    11 December 2017 21:18

  • BPDA Approves 660-Unit Brighton Development

    The approximately 600,000-square-foot project, developed by Cabot, Cabot & Forbes, will include 98 affordable units and 510 parking spaces.

    27 November 2017 07:19

  • JV Invests $23M in Boston-Area Community

    Blackfin Real Estate Investors and True North Management Group purchased The Bixby in Haverhill, Mass. The property's previous owners recently completed renovations.

    22 November 2017 14:51

  • Mixed-Income Community Breaks Ground in MA

    A joint venture is developing Mass+Main, a $190 million project that will feature 248 market-rate and 60 affordable units. The property is slated for a mid-2020 completion.

    17 November 2017 16:11

  • Boston’s Hood Business Park Gets Residential Component

    The mixed-use project will add 177 units and 10,500 square feet of retail space to the Hood Business Park complex.

    19 October 2017 17:10

  • Beacon Communities Buys NDC, $250M Portfolio

    The residential development company now owns National Development Corp. and its 59 properties, most of which are affordable communities. The portfolio is valued at more than $250 million and expands Beacon’s portfolio to 14 states.

    02 October 2017 21:01

  • Lena New Boston Breaks Ground on 41 Mixed-Income Units

    The $200 million redevelopment of the former Boston State Hospital site entered a new phase, which will include 22 affordable units. The project is part of Olmsted Green, a 42-acre development in the heart of the city.

    17 August 2017 21:17

  • WinnDevelopment Tapped for $1.6B Boston Project

    The Mary Ellen McCormack site will be transformed into a 3,000-unit mixed-income community set to be constructed over four phases.

    14 August 2017 08:50

  • NEI Begins Construction on Newest TOD in MA

    The six-story development will be adjacent to the Beverly Depot commuter train station. The 112 Rantoul St. team includes women-owned businesses Barnat Development, ICON Architecture and McDermott Ventures.

    16 June 2017 17:13

  • Bellwether Closes First Equity Financing for $199M Deal

    The mortgage banking firm arranged joint-venture equity financing on behalf of John M. Corcoran & Co. for the purchase of Windsor Garden Apartments, a 914-unit community in Norwood, Mass.

    15 May 2017 16:22