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Framingham Apartment Complex Sells for $227M

May 31, 2019 | Reprints | Unlock Link | Print

Image courtesy of city of Framingham.

A Framingham apartment complex overlooking the Foss Reservoir has sold for $227.05 million.

An LLC controlled by real estate investment firm DS Group bought the complex, which was built in the 1960s and has 1,016 units, according to city property records. The seller was an LLC controlled by real estate investment management firm LivCor, according to information on file with the Middlesex Registry of Deeds.

A $160.7 million mortgage was provided by CBRE Capital Markets.

B&T Daily