Viewing posts from: January 2016
Akelius Buys Cambridge Apartments for $28.5M

Swedish multifamily investor Akelius US LLC has acquired its sixth multifamily portfolio in Greater Boston and its first in Cambridge. The company on Jan. 7 bought the 68-unit apartment building at 334 Harvard St. between Harvard and Central Squares for $28.5 million, or $419,118 per unit. Boston Realty Advisors’ Christopher Sower, Jen Price and Maggie […]

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Swedish Investor Drops $63M in Brighton, Somerville

Sweden-based Akelius US recently purchased a 190-unit apartment portfolio spread across Brighton and Somerville. The portfolio consists of 89 units in Brighton at 4-8-12 Elko St. and 286-288 Chestnut Hill Ave., and 101 units in Somerville’s Spring Hill neighborhood at 123 Highland Ave. and 136-138 Highland Ave. The buildings were sold on behalf of True […]

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Boston Realty Advisors Brokers $8.25 million Sale of 601 Newbury Street

Boston, MA Boston Realty Advisors (BRA) has completed the sale of 601 Newbury St., a free-standing 22,677 s/f building located in the Kenmore Sq./Fenway neighborhood for $8.25 million. The sale was completed on behalf of Boston University. The buyer was Thibeault Properties, LLC, a local real estate company. The sale was completed by BRA’s capital markets […]

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