Providence, RI Michael Alves of KW Elite Commercial Realty completed the sale of three 6-unit brick multifamily buildings for $1.08 million. The properties were sold by Fawcett Properties, LLC and purchased by Dream Realty, LLC. The buildings are located at 35, 43 & 51 Thackery St.
This was a 1031 acquisition for Dream Realty and the last multifamily sale for Fawcett Properties, LLC.
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