The Hamilton Company and New England Realty Associates have acquired a 193-unit complex, formally known as Windsor Green, for $62.5 million.
Travis D'Amato and Michael Coyne of Jones Lang LaSalle represented the seller, affiliate of the General Investment & Development Companies (GID). Matt Purtell of Key Bank provided the acquisition financing and Sally Michael of Saul Ewing represented Hamilton and New England Realty Associates.
"With this purchase, and several others slated for August, we will have acquired nearly $130 million of real estate for 2013." said Carl Valeri, president & COO of Hamilton. The complex was built in 2006 as part of a 40B development and has been professionally owned and managed by GID since its completion.
Windsor Green offers all the amenities of luxury living with one, two and three bedroom units. Units feature 9 foot ceilings, gourmet kitchens and spacious floor plans.
The property has its own pool and hot tub, sport court and playground, with a health club and public golf course just steps away.
Located at 311 Lowell St., the complex is convenient to Boston with access to I-93 and the MBTA's Framingham commuter line.
The Hamilton Co. is a full service real estate management and development company located in Allston. Privately owned and led by founder and chairman Harold Brown, Hamilton will be celebrating its 60th year in business in 2014. It owns and manages in excess of 5,100 units and nearly 2 million s/f of commercial property in and throughout greater Boston.