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 MoreInsights
Viewing posts from: November 2000
BOSTON, MA.— There is a two-for-one opportunity awaiting CRE investors scouring New England’s most renowned retail district, as Jamestown has retained Boston Realty Advisors to market 286-288 Newbury St., a 9,350-sf mixed-use asset comprised of abutting 19th century Brownstones whose physical similarities enable the upper levels to be conjoined. Searing demand for urban retail and […]
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 MoreHYANNIS, 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 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 […]
Read More