Industry Veteran Hired as Associate Director in Boston Andrew Herald has joined Boston Realty Advisors’ capital markets team as an associate director in Boston. In his new role, Herald will work with institutional owners, focused on large multifamily assets and development opportunities. Herald most recently served at Newmark Knight Frank, working with the firm’s institutional multifamily […]
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Boston Developers, Officials See More Supply As A Remedy For The Affordable Housing Crisis
Capital MarketsHousing in Boston, as in many major U.S. cities, has become increasingly expensive and has made it challenging for middle-class workers to afford to live near their jobs. The affordable housing crisis dominated the discussion at Bisnow’s Multifamily Annual Conference New England, held last week at the Westin Copley Place, where city leaders and developers proposed a series […]
Read MoreA prime acre in Weston’s downtown area is hitting the market. The First Church of Christ, Scientist, is selling its acre property at 439 Boston Post Road as it consolidates operations with other nearby Christian Science churches. Boston Realty Advisors is marketing the Weston property as a redevelopment opportunity. The area is zoned for offices […]
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BOSTON—Extra traffic is expected this autumn near Boston’s Museum of Fine Arts, the catalyst being CRE prospectors touring 77 and 81 Park Dr., elegant apartment properties now available to investors for the first time in a half-century. Fifty five units in two buildings enjoying views of the MFA and Fenway’s famed public rose garden next […]
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Boston Realty Advisors Sells Trophy Cambridge Apartment Asset to NY Firm for $11.5M
Capital MarketsCAMBRIDGE—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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