Tag: Multifamily

Quincy Multifamily Housing Receives Bond

Quincy Multifamily Housing Receives Bond

| August 11, 2020

Quincy, MA – MassDevelopment has issued a $6.4 million tax-exempt bond on behalf of Bersani Circle LLC, an affiliate of Karsten Companies, which will use proceeds to buy, renovate, and equip Atlantic Gardens, a 32-unit mixed-income multifamily rental housing facility in Quincy. In addition to the tax-exempt bond, MassDevelopment assisted the Massachusetts Department of Housing […]

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WinnCo Closes Financing for Workforce Housing

WinnCo Closes Financing for Workforce Housing

| June 12, 2020

Lowell, MA –  WinnCompanies, a multifamily property development and management company, announced that it has closed on the financing needed to develop two vacant, side-by-side parcels in Lowell’s Hamilton Canal Innovation District, to build the company’s fifth mixed-income development featuring workforce housing. WinnDevelopment will improve the 1.14-acre site, known as Parcels 8 and 9, with […]

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Construction Underway on Ninety_o  Development

Construction Underway on Ninety_o Development

| June 11, 2020

Boston – Helge Capital and Gansett Ventures, both Boston-based real estate firms, are building Ninety_o, a modern multifamily development at 90 Ocean Ave. in Revere. Billed as “Something to Really Revere,” this transit-oriented development will provide 75 premium apartments near Revere Beach, in the heart of this emerging beachfront corridor just minutes from Downtown Boston. A quick walk […]

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PlaceMe Addresses Critical Need for Community Hospitals and Emergency Workers

PlaceMe Addresses Critical Need for Community Hospitals and Emergency Workers

| April 2, 2020

Cambridge, MA – PlaceMe, a Hispanic-owned, female-led co-living company with expertise in offering shared, furnished apartments to young professionals in multi-family apartment buildings is quickly pivoting its business model to offer flexible housing for its community’s healthcare workforce. To address healthcare workers’ concern of passing COVID-19 on to their family when they return from work, […]

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Columbus Commons Phase 1 Completed

Columbus Commons Phase 1 Completed

| March 20, 2020

New Britain, CT – Dakota Partners, in partnership with Xenolith Partners and the city of New Britain, has completed construction on phase 1 of Columbus Commons. This mixed-use project transformed the formerly underutilized urban brownfield and previous site of the police station headquarters into a  downtown, transit-oriented development. In addition to 80 new apartment homes, […]

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Three Affordable Housing Projects Receive Loans

Three Affordable Housing Projects Receive Loans

| February 18, 2020

Providence, RI – Citizens Bank announced that its Community Development Group has provided $24.2 million in construction loans for three separate affordable housing projects in Massachusetts. Citizens is providing an $11.7 million loan to RHW Development LLC, whose sponsors are EA Fish Development and Planning Office for Urban Affairs, for the new construction of 64 […]

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Fitchburg Affordable Housing Receives Financing

Fitchburg Affordable Housing Receives Financing

| January 15, 2020

Boston –  MassHousing has provided $14.4 million in affordable housing financing to an affiliate of the Barkan Companies, to extend the affordability of the Fitchburg Green affordable housing community in Fitchburg, and make property improvements to the 159-unit property. As a result of the MassHousing financing, affordability protections for lower-income senior citizens and families living […]

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Multi-Family Portfolio Acquired

| January 13, 2020

Boston – Marcus Partners, a real estate investment, management and development firm, announced the strategic acquisition of 1943 Dorchester Avenue and 4236 Washington Street in Boston for $35.8M. The two buildings, totaling 107 units, will be owned and managed in a joint venture with the John M. Corcoran and Company, one of the region’s leading owners, developers and […]

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RE Advisors Retained to Sell South End Apartments

RE Advisors Retained to Sell South End Apartments

| January 13, 2020

Boston – Saint James Real Estate Advisors, LLC has been retained on an exclusive basis to sell 185 apartments across 36 buildings in the South End of Boston. The portfolio is being offered without an asking price and all property tours will be scheduled and offered by Saint James Real Estate Advisors, LLC. A call […]

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Regal Joins Beverly Architecture Firm

Regal Joins Beverly Architecture Firm

| January 9, 2020

Beverly, MA – DMS design, llc, a full-service architecture and interior design firm, announced that Steven Regal, AIA, NCARB, has joined the firm as an architectural associate. At DMS design, he will primarily be responsible for the design and production of complex multifamily housing projects. Previously a senior project manager at The Architectural Team, Inc., Regal […]

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