Mortgage Marketshare Module
- Accurately track commercial and residential lending, measure sales performance against competition and market activity, identify high-performing competitors, and locate and target emerging markets.
  
  LEARN MORE >>
Loan Originator Module
- Access the largest and most comprehensive mortgage loan origination database in New England with round-the-clock interactive access and weekly trend updates.
  
  LEARN MORE >>
Marketing Lists
- Gain access to the most accurate and detailed transaction information in the country and offers a range of marketing lists for more than 130 million households (covering 94% of the U.S. population).
  
  LEARN MORE >>
Custom Research
- Powered by one-of-a-kind real estate, mortgage, and loan origination data, The Warren Group provides custom solutions for your research projects, database expansion, and strategic planning.
  
  LEARN MORE >>
Real Estate Records Search
- Access the largest and most complete real estate database in New England, including sales, price trends, liens and foreclosures.
  
  LEARN MORE >>

Coolidge Corner Apartments Sold for $70M

By Steve Adams | Banker & Tradesman Staff | Jan 4, 2024 | Reprints | Print

Photo courtesy of CBRE

Multifamily investor Aker Communities will continue updates to apartments in a Coolidge Corner mid-rise complex following a $70 million acquisition.

The Beacon, New York firm acquired Pelham Hall Apartments, which includes 148 apartments. The purchase price equates to nearly $473,000 per unit.

The seller was New York-based Fairstead, which paid $74 million for the Brookline property in 2020.

Built in 1926, the 9-story Georgian Revival-style building includes 14,601 square feet of retail space on Beacon Street across from Trader Joe’s grocery.

CBRE’s Simon Butler, Biria St. John, John McLaughlin and Brian Bowler represented the seller and marketed the property. CBRE’s John Kelly arranged financing for Aker.

Interiors of more than a quarter of the apartments have been updated to compete with new construction, and Aker plans to continue the renovation program along with common area upgrades, CBRE said.

B&T Daily