Category: Multifamily

Rhode Island multifamily market:  Cautious start gives way to renewed optimism - by Derek Brazeau

Rhode Island multifamily market: Cautious start gives way to renewed optimism - by Derek Brazeau

October 31, 2025

As Rhode Island moves into the final quarter of 2025, the state’s multifamily market is demonstrating renewed momentum after a period of uncertainty earlier in the year. The first half of the year began with uncertainty as investors navigated a

MassDevelopment partners with BankFive to provide $11m to Bratt, LLC, to build a 45-unit mixed-income rental development

MassDevelopment partners with BankFive to provide $11m to Bratt, LLC, to build a 45-unit mixed-incom...

October 31, 2025
Hyannis, MA MassDevelopment has partnered with BankFive to provide $11 million in loan financing to Bratt, LLC, which will use the funds to build a new 45-unit mixed-income rental housing development at 199 Barnstable Rd. The apartments will be spread across four buildings
Gordon Real Estate closes $3.95 million in September sales - including sale of 420 Lakeside Ave. for $2.8 million

Gordon Real Estate closes $3.95 million in September sales - including sale of 420 Lakeside Ave. for...

October 24, 2025
Framingham, MA Jon Gordon of Gordon Real Estate brokered two transactions in the month of September totaling $3.95 million in total sales. The sale of 420 Lakeside Avenue, Marlborough, MA for $2.8 million included 14 of 15 condominium units representing 92.6% of the building. The property is a four-story, 32,770 s/f office building
Griffith Pepdjonovic Group of Marcus & Millichap broker $7.1 million sale of 30-unit multifamily property

Griffith Pepdjonovic Group of Marcus & Millichap broker $7.1 million sale of 30-unit multifamily pro...

October 24, 2025
Methuen, MA Marcus & Millichap negotiated the sale of Ashton Place Apartments, a 30-unit multifamily property for $7.1 million. Located at 11 Ashton Place, Ashton Place Apartments is comprised of studios, one- and two-bedroom apartments.
CBRE team brokers $39.8 million sale of 169-unit housing portfolio

CBRE team brokers $39.8 million sale of 169-unit housing portfolio

October 24, 2025
Danbury, CT Representatives of CBRE, led by Simon Butler, Biria St. John, Jeff Dunne, Eric Apfel, Tim Flint, and Taylor Froland, brokered the sale of Kimberly Pl. in Danbury, and One Leonard in downtown Norwalk, Conn. CBRE, Inc. exclusively represented the seller, an affiliate of First Atlantic, LLC, and procured the buyer,
Maugel DeStefano Architects begins final phase <br>at Northgate Meadows Apartment development

Maugel DeStefano Architects begins final phase
at Northgate Meadows Apartment development

October 24, 2025
Sterling, MA According to Maugel DeStefano Architects, the final phase of the Northgate Meadows Apartment development is now underway. Designed for Whitney Companies of Leominster, Mass., Northgate Meadows is a multi-residential housing complex located on Meadows Dr.,
Shawah of Baldwin Pearson brokers a $2.25 million sale of 638 Cove Road

Shawah of Baldwin Pearson brokers a $2.25 million sale of 638 Cove Road

October 17, 2025
Stamford, CT Daniel Shawah of Baldwin Pearson & Co., Inc. has successfully brokered the sale of a well-located multifamily asset at 638 Cove Road, positioned at the corner of Cove Road and Duffy Street in Stamford
Mokris and Stoll of BWE originate $35.3m financing for Sturges Ridge of Fairfield

Mokris and Stoll of BWE originate $35.3m financing for Sturges Ridge of Fairfield

October 10, 2025
Fairfield, CT BWE, a national commercial and multifamily mortgage banking company, has closed a $35.3 million permanent loan for Sturges Ridge of Fairfield, an assisted living and memory care community. Taylor Mokris, senior vice president of seniors housing and care at BWE, and Ryan Stoll, national director of seniors housing and care, led the financing.
Marcus & Millichap Capital Corp. arranges $5 million financing for a 30-unit multifamily property

Marcus & Millichap Capital Corp. arranges $5 million financing for a 30-unit multifamily property

October 10, 2025
Methuen, MA Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $5 million in financing for a 30-unit multifamily property located at 11 Ashton Place.
NEI General Contracting breaks <br>ground on affordable housing projects

NEI General Contracting breaks
ground on affordable housing projects

October 3, 2025
Boston, MA NEI General Contracting has broken ground on two new affordable housing projects: one in Dorchester’s Grove Hall neighborhood and a second in the city of Cambridge. In Dorchester, NEI will work with the Jamaica Plain Neighborhood Development Corp. (JPNDC) to bring the Cheney Homes community to life,
Gardner of DMG Brokerage sells 3,427 s/f commercial condominium for $1.2 million

Gardner of DMG Brokerage sells 3,427 s/f commercial condominium for $1.2 million

September 26, 2025
Walpole, MA Daniel Gardner, owner/broker of DMG Brokerage, sold a 3,427 s/f commercial condominium at 979 Main St. for $1.2 million. The owner had condominiumized the first floor. “The sale reflects on a continued demand for well-located suburban commercial space. The property offers
PC joins PurposeEnergy for ribbon-cutting <br>at 2,600 s/f Middlebury Resource Recovery Center

PC joins PurposeEnergy for ribbon-cutting
at 2,600 s/f Middlebury Resource Recovery Center

December 6, 2024
Middlebury, VT PC joined PurposeEnergy for a ribbon-cutting ceremony to mark the completion of construction for the new Middlebury Resource Recovery Center (MRRC). The MRRC is an industrial organic waste treatment center for converting food and beverage residuals and wastewater
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