Northeast Private Client Group (NPCG) arranged the $3,525,000 sale of 250 Main ST. in Boston’s Charlestown neighborhood. Investment associate Tom Egbers represented the seller and procured the buyer.
250 Main St. is a mixed-use property located in Charlestown. The property offers the buyer a well-positioned mixed-use asset in one of Greater Boston’s most sought-after urban neighborhoods, with strong residential and commercial demand driven by Charlestown’s proximity to downtown Boston and its waterfront, according to NPCG.
Separately, NPCG arranged the $5,400,000 sale of Leicester Gardens Apartments in suburban Leicester, MA. SVP, investments Taylor Perun represented the seller and procured the buyer.
Leicester Gardens Apartments is a 24-unit multifamily property located at 1671 Main St. in Leicester. According to NPCG, the property offers the undisclosed buyer a well-positioned residential asset in central Massachusetts, with convenient access to Worcester and the surrounding employment base along the Route 9 corridor.
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JLL Capital Markets arranged acquisition financing for Lightstone’s purchase of 323 W. 96th St., a 174-unit multifamily property on Manhattan’s Upper West Side. Senior managing director Peter Rotchford and managing director Michael Shmuely worked on behalf of Lightstone to secure the financing from MF1, a wholly owned subsidiary of Berkshire Residential Investments. Lightstone is acquiring...
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The National City Investment Group, a locally owned, privately held real estate investment company, recently broke ground on Market View, a 120-unit multifamily residential community located at 303 Highland Ave. in National City. The development will transform an underutilized parking lot adjacent to Manolo Farmers Market, which has served National City for more than 33...
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Levin Johnston of Marcus & Millichap recently completed the sale of First Street Manor, a 39-unit apartment community in San Jose. Executive managing directors Adam Levin and Robert Johnston, along with senior director, investments Cole Simpson, represented the seller and procured the buyer in the $9.112-million transaction. The Levin Johnston team demonstrated the asset’s upside...
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