News: Owners Developers & Managers

Butler, St. John, McLaughlin and Bowler of CBRE handle sale of SoMa Apartments

Boston, MA Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler completed the sale of SoMa Apartments, a 347-unit, workforce housing apartment community located in the city’s southern Mattapan neighborhood. 

CBRE exclusively represented the seller, The DSF Group, a privately held multifamily real estate investment company and CBRE also procured the buyer

Originally built between1965 and 1968, SoMa Apartments is comprised of 12 four-story residential buildings and a single-story leasing office and maintenance shop. The apartments are spread over a 7.1-acre site and offer a mix of studios, one-bedroom and two-bedroom apartment homes, with an average apartment size of 829 s/f. The property offers a convenient location with excellent access to MBTA transit as well as major highways in minutes. SoMa Apartments sits adjacent to the Blue Hills MBTA Commute Rail in Boston’s Mattapan Square, which provides direct service to Downtown. 

Butler said, “We are pleased to have represented the seller in the sale of SoMa Apartments, having sold it to them in 2018. Our client successfully executed their business plan.”

“We are pleased to have successfully executed our repositioning strategy on SoMa Apartments in Boston,” said Josh Solomon, President of The DSF Group.

CBRE Group, Inc., a Fortune 500 and S&P 500 company, is one of the world’s largest commercial real estate services and investment firms (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. 

CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

MORE FROM Owners Developers & Managers

Barnat Development begins work on Phase II of Holmes Beverly - construction led by NEI General Contracting

Beverly, MA Barnat Development has begun construction on Holmes Beverly Phase II, adding 52 apartment homes adjacent to the existing development near the Beverly Depot MBTA commuter rail station. The project is financed through the newly launched Holmes Opportunity Zone Fund, focused on investing in new multifamily construction projects across New England. $10 million of Holmes OZ Fund equity is paired with $21 million in long-term
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

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

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains