In an interesting article this week on Curbed, Alissa Walker discusses the lack of affordable housing in NYC as new mega-towers of luxury condos continue to be built. Many people see these properties as a poor use of space where less-expensive housing options could be built instead. As economist Jason Barr states in the article, […]
[This is a guest post.] Today’s most discerning homebuyers have their eyes set on city life. Living in the heart of a booming metropolis offers comfort and style as well as easy access to world-class services, restaurants, and cultural institutions. The metropolitan living trend is taking off, as evidenced in top-ranked “megacities” such as London, […]
Charlesgate Realty Group has been exclusively retained to market 47-49 Massachusetts Ave in Boston’s historic Back Bay neighborhood. The property consists of six residential units and two restaurant/retail units. The income producing property provides significant value add opportunity to upgrade unit interiors and/or reconfigure floor plans to substantially increase rents or sell as part of […]
The most recent market report was just released for the Boston multifamily market and showed a 17.4% increase from 2014 in closed sales to 263 for the month. We also saw a significant increase in the median sales price from the previous year, up almost 8% to $550,000. These figures encompass the Greater Boston area, […]
Brand new to market is this South Boston investment property listed by the Vineburgh Dimella team. Rare opportunity to complete an almost shell condition 3 family in the emerging City Point neighborhood. Close to both the Seaport, and Southie’s Broadway Hub, this property is a phenomenal asset to acquire. A potential condo conversion, or trophy cash […]
Looking to make your first move into the Boston investment market? Our team of multifamily specialists are in the field every day to find opportunities for a variety of clients – at all price points. We even have an off market program that showcases properties that are available but not on the open market. (Find […]
According to a report published by JLL, we saw some interesting trends last quarter in the multifamily investment market. Across the United States, we saw continued historic investment levels in the multifamily sector. This is evidenced by a 45% annual investment sale growth and $61.3 Billion in investment dollars year-to-date. This puts the market on […]
Real estate investors are often given a chance to choose from a number of property categories they can use to make their real estate investment debut or to widen their investment portfolio. These include the following: Single family homes Land speculation Commercial and industrial investment Shopping center and retail stores Multifamily properties Even though most […]
{This is a guest post.} Real estate ventures can be lucrative, but are most profitable when you can get a great deal on your purchase. Some people get such a great deal on their real estate purchases, they immediately take ownership of the property with equity built into it. Others may take ownership of a […]
Charlesgate Realty Group has been exclusively retained to market 178 North Street in Boston’s historic North End neighborhood. The nine unit property has been family owned and occupied for multiple generations and is now available for sale for the first time since the 1940’s. The property consists of eight residential units and one restaurant/retail unit. The […]