Equity Residential Archives

Apartment Construction Can’t Keep Up with Rents

by Steve Adams | Aug 11, 2019

Greater Boston’s position as one of the priciest rental markets in the U.S. appears secure, even as developers add more than 5,000 new apartments to the local inventory this year.

Developer Says Lull in Apartment Supply Drives Rent Increases

by Steve Adams | Aug 1, 2019

One of Greater Boston’s largest publicly traded apartment landlords is projecting larger rent increases for the rest of the year in its 6,346-unit local portfolio.

Apartment Developer Kicks Off $1B Fund With Boston Acquisition

by Steve Adams | May 21, 2019

A developer active in Malden Center’s transformation is teaming up with a real estate fund with plans to acquire $1 billion in apartment properties, including its initial investment in a Boston high-rise.

Equity Residential Buys South End Apartment Complex for $216M

by Banker & Tradesman | Aug 27, 2018

Developer Gerding Edlen has sold its 378-unit Troy Boston apartment tower in Boston’s South End for $216.1 million, or nearly $572,000 per unit, to Equity Residential.

Developers Set to Kick Off Two More Towers Near North Station

by Steve Adams | Feb 1, 2018

Two separate developers are set to begin construction of 44- and 38-story towers near Boston’s North Station, contributing to a building boom that’s already added more than 800 luxury residences since 2016 and nearly 600 more already under construction.

Developer Raises Doubts On West End Tower

by Steve Adams | Jul 27, 2017

Rising construction costs and a slowdown in the luxury rental market may accomplish what neighborhood opposition could not: put the brakes on a 44-story apartment tower in Boston’s West End.