Making its initial investment in the Boston market, Blackfin Real Estate Investors of Arlington, VA, in its first joint venture with True North Management Group out of White Plains, NY, purchased The Bixby apartment community in Haverhill, MA from Boston Andes Capital and William Braucher for $22.5 million, or approximately $176,000 per unit.

The 128-unit high-rise complex provides close access to Haverhill MBTA Commuter Rail Station, downtown…

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