Bell Partners Invests +$100 Million in Boston Multifamily Market

by | Jul 26, 2017 | Commercial Real Estate News

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Bell Partners Invests +$100 Million in Boston Multifamily Market

Bell Partners, a Greensboro, NC-based real estate investment and management company with nearly 6,000 apartments under management, struck a deal with Boston Residential Group and The Carlyle Group to acquire the Olmsted Place Apts. in suburban Boston for $103.25 million, or approximately $527,000 per unit.

Boston Residential Group paid $10 million back in 2012 for the site of Olmsted Place, a 196-unit, five-story apartment complex the Boston-based…

Article From: "Key Realty Commercial Real Estate News"   Read full article