BOSTON, MA – Boston Realty Advisors Capital Markets has secured senior debt financing for 90 Canal St., a 77,979 s/f office property located in the North Station submarket of the city. Nicholas Herz, managing director and partner, arranged the $14.2 million cash out refinance on behalf of the borrower, 90 Canal Street, LLC. “By running a highly […]
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The North Shore is on Fire, but For How Long? Since 2012, the average growth for two-plus multi-family buildings on a price per square foot basis in Salem was 10%, Saugus 11%, Revere 13% and Lynn 15%. Compared to Boston’s average multi-family growth rate of 6% between all sub-markets, the North Shore has distinguished itself […]
Read More5 Boston Submarkets Fetch Over $1,000 PSF For the first time in history, five Boston sub-markets are fetching over $1,000 per-square foot. Ongoing inventory battles, created by the outpour of new luxurious condominium developments, in addition to rapid absorption rates, are creating a hyper-competitive housing market. The release of 22 Liberty, a 109-unit development […]
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