David Kaye and Joe Listhaus from Rockledge, along with Peter Hungerford from PH Realty Capital, recently acquired a multifamily property in Hamilton Heights for $11.35 million. The 66-unit building located at 401-405 Edgecombe Avenue was purchased at a per-unit price of approximately $171,970 and had an overall square footage of 53,815 resulting in a price per square foot of $211. Ben Khakshoor and Aaron Jungreis from Rosewood Realty Group brokered the sale.
“$3M Financing Secured for Redevelopment of Former Elementary School”
In partnership with Clinton Savings Bank, MassDevelopment has provided a $3 million loan to Maynard Bancroft LLC for the renovation