By Real Estate Alert | June 17, 2020 Another Boston apartment building has traded at a valuation agreed to before the coronavirus pandemic struck. Akelius Residential, a Swedish investment shop, paid $21.9 million this month for the 54-unit building at 49 Worthington Street. The $406,000/unit valuation translates to a capitalization rate of roughly 3.75%. Boutique […]
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Viewing posts from: June 2020
12Jun
Boston Realty Advisors Guides LMA Apartment Deals to $64M+ in Sales Amid Covid-19 Strife
Capital MarketsBy Joe Clements | The Real Reporter | June 12, 2020 BOSTON—With this city’s 213-acre Longwood Medical Area hosting a legion of top physicians and researchers, investors worldwide have been stirred by the chance to house those professionals in its surrounding neighborhoods, and that desire is being credited for three springtime apartment trades brokered by Boston […]
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11Jun
Teleheath Gets A Sudden Boost From The Pandemic. Can Hospitals Handle It?
Boston Commercial Real EstateBy Dees Stribling | Bisnow National | June 11, 2020 The coronavirus pandemic has given a boost to telehealth every bit as strong as it has for Zoom and other videoconferencing platforms, but the long-term use of the technology is still uncertain — along with its impact on healthcare real estate. “We had a system […]
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