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Helge Capital, a vertically integrated real estate operator specializing in the acquisition, repositioning, and management of multifamily properties throughout Greater Boston, announced that Glen Seidlitz, an experienced real estate investment professional, has joined the firm as Managing Director of Capital Markets. (also at NEREJ)
It was never a matter of if the zoning reforms embodied in Gov. Charlie Baker’s 2020 Housing Choice Initiative would become a source of controversy, says Boston business and real estate attorney Gerry D’Ambrosio. (also at MassLawyersWeekly)
A proposed redevelopment project at 418 Revere Beach Pkwy. will bring modern housing and transformative neighborhood improvements to an area long blighted by the dilapidated Lee’s Trailer Park.
Demolition and cleanup are ongoing at the site of the former Lee’s Trailer Park on 418 Winthrop Avenue, ending a problem-plagued 75-year history punctuated by crime and sanitation concerns. (read .pdf version)
The dilapidated, former Lee’s Trailer Park on Winthrop Avenue, and the adjacent areas are on the verge of receiving a bolt of architectural and residential elegance pending the project’s approval by the City Council and other local boards.
The fundamentals remain strong for most local property types, but commercial real estate lending still doesn’t appear to have picked up even after fears of a bank failure-caused economic crisis dissipated this summer.
Advanced Property Management (APM), a Boston-based real estate management company, has been awarded a Workforce Training Fund Program (WTFP) grant from the Commonwealth of Massachusetts to provide employee training and help to address the current worker shortage.
Helge-Gansett hosted a groundbreaking ceremony to mark the start of construction on SORA Revere. Located at 93 Bennington St., SORA is a 7-story, 114-unit living community, thoughtfully designed to be in harmony with this transformative neighborhood.
Listed through Berkadia, the brokerage shop secured winning suitor Helge Capital, a Boston‐based firm that financed its purchase using $18.7 million from Cambridge Trust Co.
With over 3.8 million square feet of available space as remote and hybrid work entrench themselves, Boston’s class B office market looks like potentially fertile ground for conversion into thousands of new housing units.
Developers Helge Capital and Gansett Ventures celebrated the one-year anniversary of Ninety_o, a modern multifamily apartment complex at 90 Ocean Ave. This transit-oriented living community features 75 premium apartments, providing needed quality housing on Revere Beach. With views inside and out, this property brings beach living to a new level.
Owners of new apartment buildings in the Boston area are facing unprecedented times trying to fill units amid the coronavirus outbreak and economic downturn that’s left many would-be tenants wary of moving into unfamiliar and oftentimes more expensive living quarters.
Helge Capital and Gansett Ventures are building Ninety_o, a modern multifamily development at 90 Ocean Ave. Suitably billed as, “Something to Really Revere”, this transit-oriented development will provide 75 premium apartments near Revere Beach.
As the Boston construction moratorium lifts, a development team is breaking ground on a 64-unit project testing the East Boston luxury condo market. The 6-story Mira condo development at 301 Border St. will include…
CBRE has arranged a $20.5 million construction loan for a six-story multifamily property in Boston’s Revere suburb. John Kelly of CBRE arranged the financing on behalf of the borrower, Helge Capital Inc. through an undisclosed lender.
Helge Capital’s latest project, Lumen Charlestown, a condominium development, is sold out. Located at 30 Polk St., Lumen Charlestown features 30 condominiums with garage parking and roof-deck views of Downtown Boston and the historic Bunker Hill Monument.
A 19-building apartment portfolio in Boston and Lynn has obtained $62 million in recapitalization financing.
Helge Capital has closed on $62 million in financing for the recapitalization of a 19-building multifamily portfolio located in the cities of Boston and Lynn, Mass.
Oleg Uritsky, a Quincy real-estate investor, is proposing a six-story, 45-unit residential building for Thorn Street, a small side street off River Street near the Hyde Park/Mattapan line.
Boston–Helge Capital, a Boston-based real estate firm specializing in the acquisition and management of multifamily properties throughout Greater Boston, has acquired two properties in Boston totaling 50 units.