Residential
Cornerstone Realty Capital arranged $3.4 million in financing for two properties: an apartment building and an industrial building located in Malden, Mass.
News
Lower Broadway continues to be less and less like ‘The Line’ and more and more like the place to be, as this week Attorney Paul DeLorey said one of his clients has purchased the old Exxon office building on Beacham Street and is preparing to propose 50 units of luxury housing.
Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of 76-86 Harvard St. in Chelsea, as well as 141 Harvard St. in Everett. Selling at a price of $7.1 million, the three building portfolio traded at over $200,000 per unit and at a 5.1% cap.
A Topsfield real estate company has paid $3.5 million for an apartment building on Franklin Street, according to the South Essex Registry of Deeds.
Malden, MA Dennis Kelleher, and John Pentore, of Horvath & Tremblay, have arranged the sale of 120-120A Salem St. and 166 Mountain Ave. The portfolio sold at a price of $11.45 million and a price per unit of $181,746. Kelleher and Pentore represented the seller, Salem 2 Realty LLC, and the buyer 120-120a Salem Street LLC in the transaction.
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United Properties Inc
148 Main Street
Malden, MA 02148