Boston, officially the City of Boston, is the capital and largest city of the Commonwealth of Massachusetts and the cultural and financial center of the New England region of the Northeastern United States.
Tag: Boston Massachusetts
Greystar Announces Helix Apartments Near Boston is Now Pre-Leasing for December Move-Ins
Helix, a new apartment community in Weymouth, Massachusetts, is pleased to announce that it is now accepting pre-leases with move-ins scheduled to begin in...
Mary Cook Associates Completes Interiors at Hathon near Boston
Chicago-based Mary Cook Associates (MCA), a national, award-winning commercial interior design firm, has completed the interiors of Hathon, a 190-unit multifamily rental community in...
Senior Citizens Living at the Shawme Heights Apartments on Cape Cod Will See Property...
Senior citizens and residents with disabilities living at the 44-unit Shawme Heights Apartments in Sandwich will have affordable rents extended for the long term and...
CBRE Arranges $182M Sale of 294-Unit Multifamily Complex in Cambridge Massachusetts
CBRE announced the completion of the $182 million sale of Hanover North Cambridge, a 294-unit luxury apartment complex located adjacent to the MBTA Alewife Station in Cambridge, Massachusetts. Completed in 2022, the newly developed residential community was acquired by a fund advised by Goldman Sachs Asset Management from The Hanover Company and its institutional partner. Ideally located in the number one life sciences market in the world that is home to more than 32 million sq. ft. of office space, as well as renowned universities Harvard and MIT, Hanover North Cambridge boasts one of the market’s most impressive apartment and amenity packages. The recently completed property is LEED Gold Certified and boasts over 26,000 sq. ft. of indoor and outdoor amenity space including 7,067 sq. ft. of retail space housing a vibrant Caribbean inspired full-service restaurant. Additional amenities include a grand lobby with a reception area; meeting spaces and leasing offices; modern resident club room with an oversized screen; lounge seating and shuffleboard; a co-working lounge with banquette and communal seating; USB connectivity and private meeting space; and a 24-hour state-of-the-art fitness center featuring Echelon Reflect Touch Mirror & Smart Connect Bikes. Providing the perfect work/life balance, the brand-new apartment homes offer four different custom kitchen finishes and unrivaled amenities. In addition, the community is built over a podium offering two levels of covered garage parking. “Hanover North Cambridge is one of the premier residential properties in the heart of one of the country’s top biotech hubs in Cambridge,” said Mr. Butler. “The acquisition provided the buyer an opportunity to own a best-in-class building in the neighborhood, given its ideal location and exclusive lifestyle amenities as well as a tremendous upside in lease-up due to climbing rents in the area.” The CBRE Capital Markets team of Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler led the transaction team in marketing the property and exclusively represented the seller in the negotiations.
Marcus & Millichap Brokers the $5 Million Sale of Greater Boston Apartments
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of...
MassHousing Provides $14.5 Million for the 76-Unit Farnsworth House for Low-Income Seniors in Boston
MassHousing, working with Rogerson Communities, has closed on $14.5 million in affordable housing financing to Charles H. Farnsworth Senior Housing Corporation, owner and developer...
Griffith Pepdjonovic Group of Marcus & Millichap brokers the $2.3 million sale of suburban...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a...
JLL secures $585 million financing for mixed-use development in Boston
JLL’s Capital Markets group announced that it has arranged $585 million in construction financing for a mixed-use project consisting of 580,905 square feet of...
Financing secured for Massachusetts multihousing development
JLL Capital Markets announced that it has arranged the construction financing for Center & Stone, a 201-unit, two-building multihousing project with 9,500 square feet...
MassHousing closes on $21.4 million in refinancing and extension of affordability for Wilkins Glen...
MassHousing has closed on $21.4 million in affordable housing financing to Beacon Communities LLC for the refinancing and extension of affordability at the 103-unit...
West Shore promotes Kristi Sinnott to Vice President of Property Management
West Shore, a multifamily real estate investment firm with a specific focus on the acquisition and management of multifamily assets, has promoted Kristi Sinnott...
MassHousing closes on $13.2 million for the refinancing, renovation and extension of affordability of...
MassHousing has closed on $13.2 million in affordable housing financing to Roslindale Senior Housing Corporation, an affiliate of Rogerson Communities, for the refinancing, renovation...
$84.35 million sale of multihousing community near Boston closes
JLL Capital Markets announced that it has closed the $84.35 million sale of and arranged $60.9 million in acquisition financing for Eliot on Ocean,...
MassHousing closes on $35.3 million in financing for the refinancing and major renovation of...
MassHousing has closed on $35.3 million in affordable housing financing to Urban Edge for the refinancing and extensive renovation of the 78-unit Bancroft Dixwell...
MassHousing closes on $1.8 million in affordable and workforce housing financing for the development...
MassHousing has closed on $1.8 million in affordable and workforce housing financing to the non-profit Home City Development, Inc., to transform the former Elias...