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Boston Business Journal Morgan Stanley has paid $157 million, or $424,324/unit, for the 370-unit Alta on the Row apartment property in Worcester, Mass. The investment giant acquired the property from Wood Partners of Atlanta, which developed it on a site ...
Harbor Group International has lined up $356.41 million of Freddie Mac financing against four apartment buildings with a combined 1,817 units it recently purchased in New England. Walker & Dunlop arranged the loan. Harbor Group, of Norfolk, Va., struck a ...
Commercial Real Estate Direct Staff Report Harbor Group International LLC has struck a deal to buy five apartment properties with 2,719 units in New England from Apartment Investment and Management Co. for $740 million. The Norfolk, Va., investment manager has ...
REBusiness Online An affiliate of Arrowpoint Properties has purchased ReNew Tatnuck Square, a 120-unit apartment complex in Worchester, Mass., for $26.7 million, or $225,550/unit. The five-building property, at 13 Brookside Ave., was sold by an affiliate of FPA Multifamily of ...
The Boston investor, which capitalizes its acquisitions through a network of accredited individual investors, endowments, foundations and trusts, bought the property from R.J. Kelly Co. of Burlington, Mass., in a deal brokered by Newmark. R.J. Kelly had purchased the building, ...
Tritower Financial Group has paid $52 million, or just more than $295/sf, for the 176,000-square-foot industrial property at 125 Goddard Memorial Drive in Worcester, Mass. The Boston investor, which capitalizes its acquisitions through a network of accredited individual investors, endowments, ...
Worcester Business Journal Finard Properties plans to demolish the 308,863-square-foot Greendale Mall in Worcester, Mass., and replace it with a 121,000-sf warehouse. The buzz is Amazon.com Inc. may fully lease the single-story industrial property, but nothing has been finalized. Finard, ...
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