Viewing posts from: Multi-Family
Akelius Buys Cambridge Apartments for $28.5M

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 […]

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Swedish Investor Drops $63M in Brighton, Somerville

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 […]

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Boston Realty Advisors completes Sales of 17-Unit 461 Massachusetts Ave

Boston, MA Boston Realty Advisors (BRA) completed the sale of 461 Massachusetts Ave., a 17-unit apartment building in the city’s lively South End neighborhood. The sale was completed on behalf of Coppola Management. The buyer was Akelius US, LLC, a Swedish-based real estate company. Originally built in 1910, 461 Massachusetts Ave. has 14 studios and […]

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