Somerset Development has completed its long-awaited acquisition of 31 acres in downtown Somerville, paving the way for a project that includes more than 500 residential units and other uses adjacent to the borough’s train station.
Somerville: HFF inks $13.25 million refi for 69-unit rental complex
The developer of a new 69-unit high-end apartment building in Somerville has refinanced the property for $13.25 million, brokers with HFF announced Wednesday.
Paramount launches program to guide, incentivize franchise leases
Paramount Assets has launched a new program aimed at spurring the growth of franchise businesses within its commercial portfolio.
Somerville: Developer hails lease-up of 69-unit rental property
Renters have flocked to a new 69-unit residential property in downtown Somerville, filling the luxury apartment building less than three months after it opened for leasing.
Long Branch condo project halfway complete, developer says
The developer of a new condominium project in Long Branch is more than halfway through construction, having sold 40 percent of the complex’s 47 oceanfront homes.
Meridian inks $27.5 million loan for 117-unit rental project in Somerville
The developer of a newly built, 117-unit apartment building in Somerville has refinanced for $27.5 million, under a newly announced transaction by Meridian Capital Group.
Developer opens 69-unit Somerville project, hails early leasing success
Sterling Properties has officially opened its new residential building near downtown Somerville, where it has quickly leased nearly half of its 69 luxury apartments.
Leasing underway at new 69-unit rental building in Somerville
Sterling Properties has launched leasing at its new 69-unit, luxury apartment building in downtown Somerville.
Marcus: Somerville retail, medical building trades for $3.8 million
A two-building, 20,700-square-foot retail and medical office complex in Somerville has changed hands for nearly $3.8 million, brokers with Marcus & Millichap announced.
Developer set to unveil 69-unit luxury rental project in downtown Somerville
A developer is nearing completion of a new upscale rental building in downtown Somerville, the latest among several projects that are slated for the Somerset County borough.
