The 19-building multifamily portfolio consists of workforce housing with a combination of market-rate and affordable apartments in Boston and Lynn, Mass. Helge Capital has closed on $62 million in financing for the recapitalization of a 19-building multifamily portfolio located in the cities of Boston and Lynn, Mass. The buildings consist of a combination of market-rate […]
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Thibeault Development has listed its’ renovated, 100% leased Liberty Tree Lofts building in Downtown Crossing for sale through Boston Realty Advisors. The building’s sale price could approach $39 million per The Real Reporter. Liberty Tree Lofts was overhauled in 2014 and features 37 loft apartments and fully-occupied ground-floor retail. “This is a superb core opportunity […]
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Excerpt from The Real Reporter: Boston Realty Advisors negotiated the fourth commitment, 461 Massachusetts Ave., a 17-room lodging house which sold for 6.3 million, its team consisting of BRA principal Jason S. Weissman and the firm’s multifamily practice group. The Lynn portfolio at 40-60 Lewis St. and 11-17 Beach Rd. equates to over $101,000 per […]
Read MoreWhat does $450,000 buy you in Somerville? What was once a working class city characterized by high crime rates and low incomes has grown rapidly in recent years, transforming into an artistic and politically active community. The average price per square foot of sold condominiums in 2018 reached $568, an 11% increase since last year. The average […]
Read MoreMillion Dollar Condos Are The New Reality What was once a neighborhood characterized by its affordable property values and family-run restaurants has transformed into a rapidly-developing market filled with million-dollar homes. In 2018, the average sale price in South Boston skyrocketed to $803,513, up 10% from 2017 and 86% from 2008. South Boston’s housing market […]
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