Connect Midwest: Multifamily Adaptive & Reuse Trends – Chicago June 13

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Boston & New England  + Metro Boston  + Apartments  | 
Helge Capital purchased Point of Pines apartments in Revere, MA for $27.2 million.

Helge Capital, The Heritage Companies Exchange $27M for Multifamily in Revere

Boston, MA-based Helge Capital has completed its $27.2-million acquisition of Point of Pines, a 72-unit multifamily in Revere, MA.

Adam Dunn, Chris Phaneuf and Matt Olson of Berkadia arranged the sale on behalf of the seller, Quincy, MA-based The Heritage Companies.

“Despite market volatility, there is still ample liquidity for high-quality, well-located multi-housing assets in Greater Boston,” said Dunn.

Point of Pines features two-bedroom floor plans with in-unit washers and dryers, private balconies and granite countertops. Community amenities include covered parking, a package concierge and a resident lounge.

The property sits at 190 North Shore Road and affords residents convenient access to Point of Pines Yacht Club, Revere Beach and the shops and restaurants near North Shore Road.


Inside The Story

Berkadia's Dunn

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition
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