[New post] 194-Unit Apartment Property Near Boston Trades for $84.35Mln

Dan Moynihan posted: "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 mana" New post on Commercial Real Estate Direct 194-Unit Apartment Property Near Boston Trades for $84.35Mln by Dan Moynihan 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 that had purchased it in 2017 for $59.9 million. Barings provided $60.9 million of financing […] Read more of this post Dan Moynihan | December 1, 2021 at 2:40 pm | Categories: General News | URL: https://wp.me/pcdE10-2jFT Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/12/01/194-unit-apartment-property-near-boston-trades-for-84-35mln/