Boston Real Estate Investors Association

Northeast Private Client Group Closes a 27 Unit Portfolio for $8.4 Million in Chelsea, MA

Northeast Private Client Group successfully finalized the sale of a 27-unit property portfolio in Chelsea, MA for a total of $8.4 million.

Northeast Private Client Group recently completed the sale of a six-building portfolio on Louis Street in Chelsea, MA for $8.4 million. The portfolio, consisting of 27 residential units, was represented by Senior Associate Drew Kirkland, Francis Saenz, and Jim Casey. The buildings also include 23 off-street parking spaces, 16 coin-op washers and dryers, separate utilities […]

Northeast Private Client Group successfully finalized the sale of a 27-unit property portfolio in Chelsea, MA for a total of $8.4 million. Read More »

Increased Equity Investment Boosts Number of Americans Invested in REITs to Nearly 170 Million

An increase in equity investment has led to a rise in the number of Americans investing in Real Estate Investment Trusts (REITs), with nearly 170 million individuals now involved in the market.

News / Boston REIA

A recent study by Nareit suggests that approximately 168 million Americans, representing about 50% of American households, were invested in REIT stocks in 2023. This number reflects a 12% increase from 2022, with more Americans getting involved in equity investing through various financial vehicles like mutual funds, ETFs, and target date funds. The analysis is

An increase in equity investment has led to a rise in the number of Americans investing in Real Estate Investment Trusts (REITs), with nearly 170 million individuals now involved in the market. Read More »

Thanksgiving by the Numbers

News / Boston REIA

A Unique Perspective: Thanksgiving is a holiday holds a special place in the hearts of many, as it brings families together to celebrate and give thanks for the blessings in their lives. However, Thanksgiving is not only about delicious meals and quality time with loved ones; it also provides an interesting lens through which we

Thanksgiving by the Numbers Read More »

2Life Communities Awarded $7.6 Million in HUD Grant Funding to Create Affordable Senior Housing

2Life Communities has been granted $7.6 million in funding from HUD for affordable housing options for seniors.

News / Boston REIA

Brighton, MA – 2Life Communities has been granted over $7.6 million by the U.S. Department of Housing and Urban Development (HUD) Office of Multifamily Housing Programs, as announced earlier this week. These funds are part of HUD’s recent allocation of $160 million in grants to non-profit organizations nationwide that support the development of new or

2Life Communities has been granted $7.6 million in funding from HUD for affordable housing options for seniors. Read More »

CBRE Arranges $182 Million Sale of 294-Unit Multifamily Complex “Hanover North Cambridge” in Cambridge, MA

CBRE Facilitates $182 Million Sale of 294-Unit Multifamily Complex, “Hanover North Cambridge,” in Cambridge, MA

News / Boston REIA

Boston – CBRE announced the completion of the $182 million sale of Hanover North Cambridge, a 294-unit luxury apartment complex located adjacent to the MBTA Alewife Station in Cambridge, MA. Completed in 2022, the newly developed residential community was acquired by a fund advised by Goldman Sachs Asset Management from The Hanover Company and its

CBRE Facilitates $182 Million Sale of 294-Unit Multifamily Complex, “Hanover North Cambridge,” in Cambridge, MA Read More »