TA Realty Buys Revere Beach Apartments for $121.5M
An oceanfront apartment complex completed in 2021 on Revere Beach yielded $121.5 million for the original development team.
An oceanfront apartment complex completed in 2021 on Revere Beach yielded $121.5 million for the original development team.
A project that helped establish Everett’s status as a class A multifamily development market sold to New York-based investor LCOR for $141.1 million.
A Marlborough property approved for a 242-unit apartment complex received $64.5 million in construction financing following a change of ownership.
Ample choice of redevelopment parcels, upcoming transit extension and a pro-growth administration created a formula for an apartment boom in Everett that shows no sign of abating.
For developers looking for prime opportunities to build or buy multifamily properties in Massachusetts, the Interstate 495 submarket may offer some of the best returns.
A 43-acre Marlborough development site once eyed for a large R&D park is being repositioned for a 475-unit apartment complex.
The city of Everett is sending the word to regional and national developers that its downtown is ready for a long-overdue refresh. And the message seems to be hitting its target.
A 286-unit luxury apartment complex is under construction at the former site of the Boston Harley Davidson dealership in Everett after receiving a $57.5 million construction loan.