An affiliate of New York-based Praedium Group LLC has acquired the Alta Legacy Farms apartment complex in Hopkinton from Atlanta-based Wood Partners for $59.5 million.

CBRE Capital Markets Inc. provided a $38.7 million mortgage, according to records filed with the Middlesex South Registry of Deeds.

The pet-friendly complex at 5 Woodview Way contains 240 units. The apartment complex is within the 730-acre master-planned Legacy Farms development being built in stages on land formerly owned by Weston Nurseries.

Hopkinton Apartment Complex Sold For $59.5M

by Banker & Tradesman time to read: <1 min
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