Category: Multifamily

Braintree, MA Tocci Construct, LLC has been selected by ZOM Living as construction manager for The Residences at South Shore Plaza, a new 325-unit multifamily community adjacent to South Shore Plaza.

Methuen, MA Brad Carlson, founder and CEO of New England Realty Advisors LLC, has facilitated a strategic, multi-asset 1031 exchange for his client, totaling $10.81 million in transaction volume. 

Windsor, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap dedicated to serving the company’s institutional clients, have completed the sale of Rivers Bend Apartment Homes, a 432-unit multifamily asset. “Rivers Bend is a value-add asset that draws upon a renter pool of nearly 24,000 people with average annual household income over $120,000,” said Victor Nolletti,

Needham, MA Greystar, a global leader in investment management, development, and property management, and Haseko North America, the U.S. subsidiary of Japan’s largest condominium construction firm, have begun construction activity on a new multifamily development located at 100 West St.

Lowell, MA Dennis Kelleher, John Pentore and Spencer Norton of Horvath & Tremblay have completed the sale of Wood Crest Apartments, a 51-unit multi-family property at a sale price of $10,900,436.

Lynn, MA Stephen Girolamo of Horvath & Tremblay has facilitated the sale of four multifamily transactions totaling 77 units for a total of $17.96 million. Horvath & Tremblay represented the seller on three of the transactions and successfully completed a 1031 exchange for the client who was the buyer on the fourth transaction.

Salem, NH Joe Robinson and Chris Norwood of NAI Norwood Group have completed the sale of Tisdale’s Manufactured Housing Park, a mobile home park comprised of 60-units.

Cambridge, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of “Clary & Prospect,” a 12-unit multi-family property. Horvath & Tremblay exclusively represented the seller and sourced the buyer

Woburn, MA The Hamilton Company unveiled the completion and occupancy of the 72-unit Mill Street Heights development. The new apartment community is adjacent to the 181-unit Mill Street Gardens.

Everett, MA Greystar celebrated the topping off of a new 416-unit apartment community. Juniper, located at 1690 Revere Beach Pkwy., is Greystar’s fifth residential development in the city’s Commercial Triangle District.

Weston, MA Polymath Development, LLC has secured $5 million in financing from Rockland Trust to support the development and construction of Kendal Village, a new 16-unit residential apartment and townhouse community.

New Britain, CT Arrow Real Estate Advisors, a real estate finance advisory firm, has completed the closing of a $20.58 million Fannie Mae refinance for Springwood Gardens, a 176-unit multifamily property located at 192 Allen St. The loan was arranged by Morris Betesh,