City Realty Buys Brookline Multifamily Portfolio for $23M
City Realty has acquired a nine-building multifamily portfolio in Brookline, MA for $23.15 million. Colliers facilitated the sale on behalf of Ramon Realty. The portfolio, which features a 95% occupancy rate, totals 65,262 square feet across 49 residential units and three…
City Realty has acquired a nine-building multifamily portfolio in Brookline, MA for $23.15 million. Colliers facilitated the sale on behalf of Ramon Realty. The portfolio, which features a 95% occupancy rate, totals 65,262 square feet across 49 residential units and three…
BELLINGS Intelligence Score: 10
Why it matters
This is a routine real estate acquisition involving a modest-sized multifamily portfolio with no novel financing or market-wide implications, representing ordinary business activity.
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City Realty Buys Brookline Multifamily Portfolio for $23M
City Realty has acquired a nine-building multifamily portfolio in Brookline, MA for $23.15 million. Colliers facilitated the sale on behalf of Ramon Realty. The portfolio, which features a 95% occupancy rate, totals 65,262 square feet across 49 residential units and three…