MassHousing Has Closed on $5.8M in Affordable Housing Financing for the Redevelopment of the...
MassHousing has closed on $5.8 million in financing to Rees-Larkin Development, LLC, and Berkshire Housing Development Corporation, for the first phase of the redevelopment of the former Eagle Mill property in Lee, which will...
MassHousing is Providing $19.2M in Financing for 62 New Affordable and Workforce Rental Homes...
MassHousing is providing $19.2 million in affordable and workforce housing financing to Pennrose, LLC for the redevelopment of Cape Cod Five Bank’s former operations center in Orleans into 62 new affordable workforce rental homes...
Institutional Property Advisors Closes Multifamily Asset Sale Manor House in Suburban Hartford Connecticut
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Manor House, a two-story, 125-unit multifamily property in Bloomfield, Connecticut.
“Vintage assets with accretive in-place assumable financing and value-add potential like...
JLL Capital Markets Brokers Partial Sale of Luxury High Rise Tower The Sudbury in...
JLL Capital Markets announced that it has brokered the closing of the partial sale of The Sudbury, a LEED Gold, 36-story, multi-housing community located in the heart of Bulfinch Crossing in Boston, Massachusetts on...
JAG Expands Greater Boston Footprint with Delivery of J Woburn Heights in Massachusetts
J Woburn Heights—the newest premier apartment community by leading East Coast multifamily developer and operator Jefferson Apartment Group (JAG)—has delivered in Woburn, Massachusetts and welcomed their first residents. The project is a joint venture
with...
Lt. Gov. Kimberley Driscoll Visits Site and Announces Funding for Walnut Street Senior Affordable...
Lt. Governor Kim Driscoll and Executive Office of Housing and Livable Communities Secretary Ed Augustus were among the state and local officials at a December 14th funding announcement held at the site of an...
MassHousing Closed on $16.4M in Financing for the Development of 10 @ 8th Affordable...
MassHousing has closed on $16.4 million in affordable housing financing to Alinea Capital Partners for the development of 10 @ 8th, which will include 52 new rental homes in downtown New Bedford, Massachusetts.
“To be...
New York City multifamily sales fell in 2023
In 2023, the multifamily sector in New York City experienced a notable downturn, with total dollar volume of $7.4 billion spread across 1,036 transactions, a year-over-year drop of 52% and 35%, respectively, according to...
Griffith Pepdjonovic Group of Marcus & Millichap Facilitates $6.7 Million West Roxbury Sale
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a mixed-use portfolio in the West Roxbury neighborhood of Boston, Massachusetts....
Affordable Housing and Services Collaborative, Inc. Closes on Prospect Estates in Webster Massachusetts
Affordable Housing and Services Collaborative, Inc. (AHSC), a nonprofit organization that owns and develops affordable rental communities, recently closed on Prospect Estates in Webster, Massachusetts, as a result of financing from MassHousing and the...
Historic Framingham Factory Building Gets New Lease on Life with Bancroft Lofts and The...
The historic Bancroft building, which dates back to the early 1900s, has been preserved and given a new purpose by Washington Square Ventures, which has transformed the former factory into the Bancroft Lofts. The property...
TruAmerica Acquires 158-Unit J Highlands at Hudson Near Boston
TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, announced the acquisition of J Highlands at Hudson, a 158-unit apartment community located in Boston’s MetroWest. The transaction price and seller were not disclosed.
“Highlands at Hudson...
CBRE Arranges $70M Sale of the 148-Unit Multifamily Community “Pelham Hall” in Brookline Massachusetts
CBRE announced the completion of the $70 million sale of Pelham Hall Apartments, a 148-unit luxury mid-rise apartment community located in the heart of Coolidge Corner in Brookline, Massachusetts. This residential community was acquired...
MassHousing to Provide $21M in Financing for New, Mixed-Income and Workforce Housing Community in...
MassHousing will provide approximately $21 million in affordable housing financing to WinnCompanies for the development of The Pointe at Hills Farm, which will feature 93 new apartment homes for residents with a range of...
The Griffth Pepdjonovic Group of Marcus & Millichap Sells Parkside Court Apartments for $6.2M
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Parkside Court Apartments in Framingham, Massachusetts. The asset sold for $6,200,000.
“Framingham's...
