Waverly Development Breaks Ground on Framingham TOD
Waverly Development has broken ground on a transit-oriented apartment community at 358 Waverly St. in downtown Framingham, MA, approximately 500 feet from the Framingham Commuter Rail station. The 181-unit urban infill project will rise on a long-underutilized site and will feature nearly 3,000 square feet of retail, 21 affordable apartments, and 230 garage parking spaces.
“From day one, we’ve partnered closely with the City of Framingham, our neighbors, and our design and construction teams to deliver a thoughtful, responsive project that creates value for all stakeholders,” said Raymond Boghos, principal, Waverly Development. “This groundbreaking represents the start of a new chapter for downtown Framingham that offers more housing choices, easier access to transit and inviting spaces that help people connect.”
The community will also feature a comprehensive amenity package, including a clubroom, fitness center with yoga studio, work-from-home offices, swimming pool, landscaped courtyard with fire pits and grilling stations, turf field for yard games, dog run, package and bike storage, private storage, EV charging and other features.
On December 4th, find out what’s really happening in today’s deal ecosystem at Connect Southeast Multifamilywhen the industry’s leaders unpack where capital is going, how underwriting is evolving, and what creative financing strategies are gaining traction in this shifting landscape. Register to be there at www.ConnectSEMF2025.com
Other News
Queens’ Tallest Tower Reaches 90% Leased, Adds First Retail Tenants
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
Learn more
80-Unit Seniors Housing Development Opens in Suburban Chicago
Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
Learn more
312-Unit Multifamily in Indiana Changes Hands
Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout