CAMBRIDGE—After a fast-paced battle targeting 922 Massachusetts Ave., New York-based Columbia Partners has taken the prized 31-unit apartment building in teeming Central Square offered this spring through Boston Realty Advisors. The Emerson fetched $11.5 million and was financed with $7.5 million from Cambridge Trust Co. “We are excited with our acquisition of The Emerson and […]
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Viewing posts from: Capital Markets
29Aug
Boston Realty Advisors Sells Trophy Cambridge Apartment Asset to NY Firm for $11.5M
Capital MarketsBoston-based Blue Flag Partners has acquired a collection of four guest houses in downtown Nantucket for $25.1 million, with plans to partner with Life House hotel group on the management and restoration of the historic boutique hotel properties. Brokers say the $25.1 million price is the island’s priciest sale so far this year. It’s more […]
Read More12Jul
Boston Realty Advisors secures $30.9m construction financing on behalf of sponsor, Jones Street Investment Partners
Capital MarketsNorth Attleborough, MA Boston Realty Advisors has secured a $30.9 million construction loan for the ground up redevelopment of 21 East St. – a class A apartment property consisting of 193 market rate apartment units and 11,500 s/f of retail. The redevelopment is replacing the dilapidated L.G. Balfour Building, located in downtown. The site is situated within […]
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