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The DSF Group Drops $87M for 304-Unit Multifamily in Milford
CBRE has arranged the $87-million sale of Rolling Green Apartments, a 304-unit garden style apartment community, on Rolling Green Drive in Milford, MA.
CBRE’s Simon Butler, Biria St. John and John McLaughlin epresented the seller, PhilMor REI Milford, LLC, an affiliate of Philmor Real Estate Investments from Brighton, MA, and procured the buyer, Rolling Green Drive Owner LLC, an affiliate of The DSF Group from Boston, MA.
Rolling Green Apartments was constructed in 1970 and is comprised of 29 buildings, consisting of 18 three-story garden buildings, and 10 two-story townhouse buildings. There are a mix of one, two, and three-bedroom apartment homes, including 88 direct-entry townhomes (29%), with an average size of 1,060 square feet.
“Rolling Green Apartments offers The DSF Group the ability to reposition the property and generate strong long-term returns through the implementation of our signature Halstead branding and amenity program,” said Josh Solomon, president of The DSF Group.
- ◦Sale/Acquisition
