Overlook Apartments in Brighton Refinanced for $212M
A former Brighton monastery property redeveloped as 555 apartments received $212 million in refinancing from Affinius Capital.
Will Boston Multifamily Hit Its Own ‘Wall of Maturities’?
The nation’s multifamily owners are facing a financial crunch as they try to refinance construction and other loans. But Boston is likely to see a lot less distress than Sunbelt cities, experts say.
Stop. You’re Making It Worse
Recent hoopla about soft landings aside, the Federal Reserve’s drive to bring down prices has made immeasurably worse what was already the most expensive item in Americans’ budgets: the cost of housing.
Readville Development Site Goes to Auction Next Month
A 273-unit Readville multifamily development site that’s been unable to obtain financing since 2021 will head to auction next month, in the latest example of financial hurdles facing housing developers in Boston.
Biden Admin Outlines Plan to Boost Multifamily Financing
White House officials are outlining plans to build and restore more than 2 million homes, a response to the volcanic rise in housing prices over the past year.
