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Boston & New England  + Metro Boston  + Apartments  | 

Mill Creek Adds Newton Apartments to Greater Boston Portfolio

Mill Creek Residential said Tuesday it had acquired Modera Newton, a 205-unit midrise apartment community located along the Charles River in Newton, MA, approximately nine miles west of downtown Boston. Terms of the acquisition were not disclosed.

Formerly known as Allée on the Charles, the two-building community features 205 apartment homes and was originally built in 2023, with a second building delivered in 2024. The complex is situated at 2-4 Los Angeles St. in Newton, with access to the Charles River Greenway and Forte Park. It’s the latest acquisition in Mill Creek’s Greater Boston portfolio, which also includes assets in Quincy, Framingham, Medford, Natick, Needham, Revere and Marshfield.

“Newton is a great suburb within the broader Boston area with high barriers to entry and strong demographic trends,” said Kel Frazier, president of acquisitions for Mill Creek. “We’re excited to welcome Modera Newton as our latest community addition.”

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Mill Creek's Frazier

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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