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, […]
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, […]
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 […]
Bobby Quinn, Mutifamily Specialist at Charlesgate Realty, had a few moments to talk us after his recent radio appearance this past week. During the interview, he highlighted the amount of new construction in the city and how he sees this changing in the next 3-5 years. He also highlights what impacts this has on markets […]
Interested in what is going on with the Boston multifamily market? This Saturday, Joe DiGangi and Bobby Quinn will be featured on Real Estate Radio Boston to share their expertise on the market. They will talk about what is currently happening in the marketplace, give tips on upcoming markets, and provide insight on how to get […]
Interested in the Boston multifamily market and how it is changing? Our multifamily specialist, Bobby Quinn, answered a few questions for us about what he sees as he works with investment clients each day. What do you think? What shift in the market did you see in 2014? 2014 saw a continued inflow of capital […]
Where is the Boston multifamily market heading in 2015? We sat down with the experts in our multifamily division to see what they had to say about next year and hear their predictions. Additionally, we talked about the 8,000 luxury units coming online within the next few years – what does this mean overall? What […]
As you all know, Boston has seen a huge boom in apartment building construction lately. Take a look toward the sky in any neighborhood and you will see cranes, cranes, cranes. This is awesome for the city, however, the sudden influx of new inventory laden with high class amenities is creating a situation where building […]
Our Multifamily Team is in the field each day going around many Boston neighborhoods learning all about the multifamily and investment markets. Joe DiGangi and Bobby Quinn work with experienced buyers and sellers to help them determine or create great multifamily investment opportunities. What knowledge does this give them about the way the market has […]
The multifamily market in Boston has seen a huge uptick this year in the pricing of multifamily housing sold as evidenced by July’s multifamily sales data. The data for 3-family sales for July showed the exact same number of closed transactions at 29 closed sales in 2013. What is striking, however, is the dollar volume […]