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 […]
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Viewing posts from: November 2000
HYANNIS, MA. – The Capital Markets Group of Boston Realty Advisors (BRA) has secured senior debt financing for The Resort & Conference Center at Hyannis, a 232-key hotel property located at 35 Scudder Ave. Nicholas Herz, managing director and partner, arranged the $12.2 million refinance on behalf of the borrower, TFG Hyannis Hospitality, LLC. “Financing an […]
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 […]
Read MoreExcerpt from This Week’s Boston Deal Sheet 05/03/2016 The capital markets team at Boston Realty Advisors has been retained as the exclusive agent for the sale of 27 & 29 Hancock St in Beacon Hill. The 40-unit portfolio is adjacent to the West End Medical Cluster. Read the full article on Bisnow.
Read MoreBooming Chelsea Catches Developers’ Eyes The time has arrived. For years, Chelsea was Boston’s forgotten neighbor, a nearly once bankrupt city, in part of the large demographic upheaval and haunted by a lack of economic development. Today, the arrival of the FBI Headquarters and Encore Casino has pivoted Chelsea into a development hotbed home to […]
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