News: Owners Developers & Managers

Sower and Weissman of Boston Realty Advisors handle $5.6 million in sales

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
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,
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
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