Multifamily news in Market Rate Housing - Boston
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Avanath Acquires Boston Workforce Housing
The purchase of the 207-unit Morton Village Apartments in Mattapan, Mass., marks the company's entrance into the Boston metro.
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Lendlease Recapitalizes 2 Projects for $200M
The loans are for The Cooper in Chicago and Clippership Wharf in Boston, held through its U.S. investment vehicle with Aware Super.
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NRP Group Breaks Ground on Boston-Area Community
CIBC secured construction financing for the 184-unit property, which is scheduled for completion by 2021.
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93 Realty Buys Boston-Area Property for $74M
CBRE procured the buyer and represented the seller in its disposition of Waltham Overlook in Waltham, Mass.
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Jefferson Apartment Group Sells Suburban Boston Community for $104M
The 262-unit community was acquired by a Salt Lake City-based REIT.
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Chestnut Hill Realty Lands $211M for Boston-Area Community
The loan will be used to refinance its 789-unit townhome community just west of downtown.
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$63M Refi for 145 Front in Boston
MUFG Union Bank funded the long-term loan to the borrower, Roseland Residential Trust.
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Guardian Life Buys Boston-Area Property for $150M
CBRE procured the buyer and represented the seller in its disposition of Hanover Cambridge Park, located in Cambridge Mass.
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Historic Boston Community Lands $10M Loan
In a deal arranged by Hunt Real Estate Capital, the 47-unit Navy Yard Apartments received financing through Fannie Mae.
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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.
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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.
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Equity Residential Makes $165M Boston Sale
ING Group provided LaSalle Investment Management and Jefferson Apartment Group with more than $104 million in acquisition financing for a rental community in the city’s Fenway-Kenmore neighborhood.
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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.
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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.
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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.