Understanding the Multifamily Capital Stack Challenge
Multifamily broker Travis D’Amato of Walker & Dunlop says these are indeed good times for buyers and sellers of apartment buildings in Greater Boston.
$91M Adds to Pantzer Properties’ Suburban Apartment Portfolio
A 195-unit apartment complex located in a business park near Route 128 in Waltham traded for $91 million in the latest in a series of suburban Boston acquisitions by a New York multifamily investor.
BlackRock Buys Wayland Complex for $98M
A two-year-old apartment complex in Wayland that’s seen steady rent increases in 2024 sold for $98 million to private equity giant BlackRock.
Boston Developer Buys Milford Apartments for $87M
Boston-based multifamily investor DST Group has acquired a 29-building apartment complex in Milford for $87 million, nearly double the price of its last sale in 2017.
Woburn Investor Buys Rowley Multifamily Property
A Woburn real estate company is the new owner of a 99-unit Rowley apartment complex following a $13.8 million transaction.
JV Sells Beverly Townhouse Complex for $72.7M
A joint venture of Boston-based Taurus Investment Holdings and PhilMor Real Estate Investments of Needham has sold a Beverly townhouse-style apartment complex for $72.7 million.
Randolph Apartment Complex Sold for $130.25M
A large Randolph apartment complex has been acquired by a Chicago multifamily investor that specializes in middle-income housing acquisitions.
$26.5M Transaction Spotlights Workforce Housing Resilience
The $26.5 million sale of two Amesbury apartment properties illustrates strong demand for workforce housing properties that have remained highly-occupied during the pandemic, brokers say.
Stoughton Apartment Complex Sold for $71.65M
A four-building apartment complex located near Route 24 in Stoughton has been acquired by a multifamily investor for $71.65 million.
A Rare Co-op Conversion Opportunity Surfaces in Westborough
Cooperative housing ownership structures are common in New York City but rare in Boston, and even harder to find in Massachusetts’ suburbs.
