Procopio Breaks Ground on Nantasket Beach Development
Construction of 132 apartments overlooking Nantasket Beach is beginning following completion of a financing package.
Hot Property: Vesa
Preleasing has started for Vesa, a 140-unit apartment complex in Marlborough that’s scheduled for completion in September.
Hot Property: Amara Beverley
Resident move-ins began this month at The Procopio Companies’ latest multifamily project, Amara in downtown Beverly.
Downtown Marlborough Development Gets $41M Financing Package
Procopio Cos. moved forward with its second multifamily development in Marlborough this year after acquiring a parcel near downtown and receiving $41.4 million in financing.
Will Money Pool Move the Housing Needle?
Developers and brokers say a new, albeit small, pool of state funding called the “Momentum Fund” will break through a logjam that’s severely reduced groundbreakings of major multifamily projects.
Strong Leasing Activity Continues at Winthrop Development
A 29-unit apartment complex developed by The Procopio Companies in Winthrop passed the 80-percent leasing threshold, buoyed by strong demand for urban amenities, the Middleton developer said.
