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

ReVision Energy recognized as the No. 1 Solar + Storage Installer in New England

South Portland, ME ReVision Energy, the employee-owned renewable energy company founded in 2003, has been recognized as the No. 1 Solar + Storage Installer in New England and No. 13 on Solar Power World’s 2026 Top Solar + Storage Installers list nationwide
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
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
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

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