Swedish multifamily investor Akelius US LLC has acquired its sixth multifamily portfolio in Greater Boston and its first in Cambridge. The company on Jan. 7 bought the 68-unit apartment building at 334 Harvard St. between Harvard and Central Squares for $28.5 million, or $419,118 per unit. Boston Realty Advisors’ Christopher Sower, Jen Price and Maggie […]
Read MoreInsights
Viewing posts from: Capital Markets
Sweden-based Akelius US recently purchased a 190-unit apartment portfolio spread across Brighton and Somerville. The portfolio consists of 89 units in Brighton at 4-8-12 Elko St. and 286-288 Chestnut Hill Ave., and 101 units in Somerville’s Spring Hill neighborhood at 123 Highland Ave. and 136-138 Highland Ave. The buildings were sold on behalf of True […]
Read More
New developments in both commercial and residential real estate have been materializing rapidly in Boston. Despite these new developments, however, space is limited in Boston and the last five years have seen a cycle of corporate tenants moving spaces, especially to the Seaport and Kendall Square areas. “2015 was a record-setting year for building trades […]
Read More