TOMORROW’S BOSTON NOW Despite Boston’s building boom adding unprecedented new residential units into the market, demand continues to surpass the supply. High demand for housing is attributed to not just fast population growth, but to millennials and empty nesters continuing to move to urban-metros to be surrounded by world-class amenities. Moreover, as commute times increase […]
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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 […]
Read MoreNorth End Average Condo Sale Price Hits $720,000 In Q2 2018, the average sale price in the North End hit a record of $719,362, averaging over $1,017 per-square foot, up 14% since 2017. Just days ago on May 24th, 126 Salem Street PH9 came under agreement for $2,095,000, as another 7 transactions topped more than […]
Read MoreThe Hub’s New Hub Prices in East Boston for new construction are now comparable to those in other emerging neighborhoods such as Allston and Brighton According to the Boston Planning and Development Agency, there are currently 25 residential projects in East Boston’s development pipeline with an expected 10,000 units to be delivered within the coming […]
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SOMMERVILLE – The capital markets debt & equity finance team at Boston Realty Advisors (BRA) has secured senior debt financing for 625 McGrath Hwy., a 34-unit new construction apartment building. Nicholas Herz, managing director and partner at BRA, arranged the $9.94 million acquisition loan through TD Bank NA on behalf of the buyer. “We are pleased to have […]
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