Boston, MA Akelius has acquired a 58-unit apartment building in the city. The property, built in 1928, is located on 12-14 Commonwealth Ave.in Back Bay. Boston Public Garden is located close by. It is five and two kilometers away from Harvard University and Massachusetts Institute of Technology, MIT, respectively. The final sale price was $33.5 million.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and