
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.
- ◦Sale/Acquisition