Boston-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 […]
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Viewing posts from: Capital Markets
12Jul
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 […]
Read More28Jun
Ella Properties Acquires Boutique Apartment Property in the North End for $7.1 Million
Capital MarketsBOSTON–Ella Properties LLC announced that it has acquired 20 Sheafe Street, a boutique multi-family apartment property in Boston’s beloved North End neighborhood. The $7,100,000 acquisition was financed with a $5,060,000 loan from Eastern Bank. Boston Realty Advisors represented the seller, 20 Sheafe Street LLC, and procured the buyer. “20 Sheafe Street fits perfectly into our […]
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