Boston Realty Advisors (BRA) has sold two buildings in the city's Beacon Hill totalling $5.6 million. The buildings are located at 88 West Cedar and 24 Joy St. BRA represented the seller, Joy Boston, LLC/88 West Cedar, LLC. The buyer, Beacon Hill Apts, LLC, was self-represented.
The team of Christopher Sower and Jason Weissman of BRA handled the sales. Paul Natalizio of Cornerstone Realty Consultants represented Beacon Hill Apts, LLC with the debt placement, as East Boston Savings Bank provided the long term financing.
Sower, managing director and partner at BRA said, "The Beacon Hill Portfolio was an unsurpassed offering in an irreplaceable location. We had tremendous activity in our sales process with over 100 groups viewing the opportunity and conducted over 50 tours."
Weissman, principal and founder of BRA said, "There seems to be a feeding frenzy in the multi-family investment sales market. Especially, when opportunities become available in markets like Boston's famed Beacon Hill."
BRA specializes in selling investment properties throughout New England. The firm's mission is to fill a void in the lack of creative and aggressive marketing within the commercial real estate industry.
Boston Realty Advisors continues to market and sell premier real estate investment offerings. Its newest sales assignment is for the Portfolio in the Square in Harvard Square. For more information, please visit www.Portfoliointhesquare.Com