Monthly Archives - October 2021

The Abrams Group Acquires Marina Bay Property From Equity Residential

admin2021-10-28T09:49:37+00:00BOSTON - The Abrams Group, Boston-based real estate investment and development company, today announced the acquisition of 10 Seaport Dr., a six-story rental property at Quincy's Marina Bay from Equity Residential (NYSE:EQR) for $29.5 million. Plans call for the two-year-old...

CONVERSION CRAZE: Hot condo market spurs developers to remake apartments … But how long can trend last?

admin2021-10-28T09:48:58+00:00The race to convert apartments to condos is accelerating as developers seek to cash in while the market remains robust. The same dynamics that have driven rising demand for condos are whetting developers' appetite for condo conversions. Low interest rates,...

$32.7 million in financings arranged by HFF for The Atlantic at Marina Bay in Quincy, Massachusetts

admin2021-10-28T09:48:30+00:00BOSTON, MA – The Boston office of HFF (Holliday Fenoglio Fowler, L.P.) has arranged financings totaling $32.7 million for the acquisition and condominium conversion of The Atlantic at Marina Bay, a 108-unit multifamily community at Marina Bay in Quincy,...

Loft living is catching on

admin2021-10-28T09:48:11+00:00WORCESTER— Mark W. Piscillo found the perfect environment to assemble his collection of oversized Andy Warhol portraits, Murano glass hanging lights and sleek Euro-design furniture in leather, steel and glass. It was the loft-style condominium he moved into last year...

IN DEMAND: THERE’S NEW HEAT IN THE CONDO MARKET

admin2021-10-28T09:47:46+00:00Two more major apartment complexes in Quincy are being converted to condominiums as developers seek to satisfy buyers' appetites for entry-level home ownership. Brady Sullivan Properties of Manchester, N.H., purchased the Brae Well apartment complex at 230 Willard St. last...

IN DEMAND: THERE’S NEW HEAT IN THE CONDO MARKET

admin2021-10-28T09:47:17+00:00Two more major apartment complexes in Quincy are being converted to condominiums as developers seek to satisfy buyers' appetites for entry-level home ownership. Brady Sullivan Properties of Manchester, N.H., purchased the Brae Well apartment complex at 230 Willard St. last...

Fremont Lofts Unveiled to Applause

admin2021-10-28T09:46:53+00:00WORCESTER, MA - First a new Price Chopper on Cambridge Street. Then a new Shaw's and a brand new Bob's store in the Webster Square Plaza. Now the Fremont Lofts on Fremont Street, as the transformation of a neighborhood...

Lofts Developer Right ‘at home’ in Square

admin2021-10-28T09:46:26+00:00The Webster Square Business Association's October monthly luncheon meeting at the Verzillo family's Christo's restaurant on Stafford Street last Thursday gave the organization a chance to meet "the new kid on the block"—guest speaker Jeff Brooks of The Abrams...

Work on Essex Street ‘cool space’ to start soon

admin2021-10-28T09:45:53+00:00In real estate, the old saying goes, only three things matter: Location, location, location. Matt Abrams, however, believes that's not always true. And he's willing to bet the house on it. The founding partner of the Boston-based Abrams Group real estate...

Reception Celebrates Milestone at The Fremont Lofts

admin2021-10-28T09:45:31+00:00WORCESTER, Mass. — Worcester Mayor Timothy P. Murray joins Matt Abrams and Jeff Brooks, partners of The Abrams Group, Stephan R. Callahan Sr., President of Global Property Development Corporation, A Callahan Company, senior executives of Coldwell Banker Residential Brokerage...