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: Capital Markets
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 […]
Read More19May
Boston Construction Struggles To Adapt To Social Distancing – And How To Pay For It
Capital MarketsBy Drees Stribling | Bisnow | May 19, 2020 As the construction industry in Boston is poised to reopen completely, the challenge of operating efficiently while social distancing are only going to intensify, experts said this week. According to the speakers at Bisnow’s recent webinar, How to Get Boston Construction Back Underway, it has already been a struggle. […]
Read MoreBy Dees Stribling | Bisnow | May 13, 2020 “What keeps you up at night?” a Bisnow webinar audience member asked Ron Druker, Boston commercial real estate luminary and president of The Druker Co. “Right now, my dog keeps me up at night,” Druker said. “The answer is — I can only control what I […]
Read More07May
The Recession Will Hurt, But Boston’s Multifamily Market Is Poised For A Quick Recovery
Capital MarketsBy Drees Stribling | Bisnow | May 8, 2020 The initial shock of the coronavirus pandemic might be past, but that doesn’t mean landlords, tenants, developers or prospective renters and buyers aren’t still trying to cope. A cornerstone of operating multifamily buildings as safely as possible has been “communicate, communicate, communicate,” Samuels & Associates principal […]
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