Barings provided $60.9 million of financing to help fund Invictus's acquisition. JLL brokered the property sale and arranged the three-year loan.
Invictus Real Estate Partners has paid $84.4 million, or $434,794/unit, for the 194-unit Eliot on Ocean apartment property in the Boston suburb of Revere, Mass. The New York company bought the complex from Westbrook Partners, a New York investment manager ...
Commercial Real Estate Direct Staff Report Rockpoint Group has paid $158 million, or $518,033/unit, for the 305-unit apartment property at 500 Ocean Ave. in the Boston suburb of Revere, Mass. The Boston investment manager bought the property from Redgate Capital ...
Boston Business Journal HYM Investment Group plans to develop a 500,000-square-foot life-sciences building in the Boston suburb of Revere, Mass. The Boston developer originally had planned on constructing a residential building on the site, but now will build laboratory space. ...
Boston Business Journal The owners of a mixed-use portfolio totaling 114,000 square feet in suburban Boston have hired Boston Realty Advisors to market the properties for sale. The portfolio consists of 649 and 655 Squire Road in Revere, Mass., and ...
Boston Business Journal NorthBridge Partners Inc. has agreed to acquire the Showcase Cinema de Lux movie theater in the Boston suburb of Revere, Mass. The Wakefield, Mass., developer is buying the property from National Amusements Inc. NorthBridge plans on redeveloping ...
The property is fully leased to Amazon.com Inc., which signed its lease last year. Amazon plans on investing $40 million renovating the property.
The purchase was funded with a $48 million mortgage provided by Guardian Life Insurance Co.
97 percent leased.
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