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Commercial Real Estate Direct Staff Report Waterton has paid $84 million, or $420,000/unit, for the 200-unit Amelia apartment property in the Boston suburb of Quincy, Mass. The Chicago investment manager bought the property from Greystar Real Estate Partners, a Charleston, ...
Boston Business Journal A venture of Tremont Asset Management and Broadway Hospitality Group has filed plans to build a 214-unit apartment project in the Boston suburb of Quincy, Mass. The development, at 1469 Hancock St., would consist of a 15-story ...
The Massachusetts Housing Finance Agency has provided $29 million of financing against the 151-unit Town Brook House apartment building in the Boston suburb of Quincy, Mass. The agency, commonly referred to as MassHousing, funds the loans it provides through the ...
85 percent leased.
98 percent leased. The buyer funded its purchase with a $53.7 million loan provided by Bank of America.
As part of its purchase, Mill Creek has assumed a $28.1 million loan that's securitized through FREMF, 2013-K29. The loan pays a coupon of 3.59 percent and matures in January 2023. It amortizes on a 30-year schedule.
The buyer has lined up a $41 million loan from HSBC Bank against the property.
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