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City: Malden

Strata apartment property

Greystar has paid $112.5 million, or $381,355/unit, for the 295-unit Strata apartment property at 500 Broadway in the northern Boston suburb of Malden, Mass. The Charleston, S.C., investment manager bought the property, which it has rebranded Avana Cliffside, from Green ...

Strata apartment property

Strata previously was encumbered by $52 million of Freddie Mac debt that was securitized through FREMF, 2017-KF40. The loan wasn't set to mature until October 2027 and was subject to a 1 percent prepayment penalty.

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