Marlborough Apartments Get $65M in Financing
A Marlborough property approved for a 242-unit apartment complex received $64.5 million in construction financing following a change of ownership.
A Marlborough property approved for a 242-unit apartment complex received $64.5 million in construction financing following a change of ownership.
Ample choice of redevelopment parcels, upcoming transit extension and a pro-growth administration created a formula for an apartment boom in Everett that shows no sign of abating.
For developers looking for prime opportunities to build or buy multifamily properties in Massachusetts, the Interstate 495 submarket may offer some of the best returns.
A 43-acre Marlborough development site once eyed for a large R&D park is being repositioned for a 475-unit apartment complex.
The city of Everett is sending the word to regional and national developers that its downtown is ready for a long-overdue refresh. And the message seems to be hitting its target.
A 286-unit luxury apartment complex is under construction at the former site of the Boston Harley Davidson dealership in Everett after receiving a $57.5 million construction loan.