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Boston & New England  + New England  + Apartments  | 
Scully Company has acquired The Bixby apartment tower in Haverhill, MA for $24 million.

Scully Company Acquires $24M High-Rise Multifamily in Haverhill

Berkadia has arranged the sale and $24.4 million in financing for The Bixby, a 128-unit high-rise multifamily property located in Haverhill, MA.

Adam Dunn and Chris Phaneuf of Berkadia completed the sale on behalf of the seller, Arlington, VA-based Blackfin Real Estate Investors. The property was acquired by Scully Company.

Robert Falese of Berkadia secured $24.4 million in permanent acquisition financing, a 10-year loan was financed through Freddie Mac, on behalf of Scully Company.

The Bixby features studio, one- and two-bedroom floor plans with a fitness center, residence lounge and a parking garage. The property’s location on Washington Street is convenient to the Haverhill Train Station, Swasey Field Park and the shops and restaurants near Washington Street.

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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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