KKR & Co Acquires 414-Unit Condo In Boston, MA For $332M

Located at 399 Congress St in Boston, MA, this Condo property was recently sold in a closed transaction. The asset consists of 414 units and was purchased by KKR & Co, represented by Henry Kravis. The seller, Crescent Heights, was represented by Sonny Kahn. The sale occurred on 07/12/2021 and the transaction price was $332,000,000, resulting in a per unit price of $801,932.

Summary of transaction details

• Property Type: Condo
• Transaction Amount: $332,000,000
• Units: 414
• Price per Unit: $801,932
• Sale Date: 07/12/2021
• Address: 399 Congress St, Boston, MA

Henry Kravis, representing KKR & Co, played a key role in the acquisition. The deal was facilitated by Sonny Kahn, the representative of Crescent Heights. The sale price of $332,000,000 signifies the value of this Condo property in the Boston market.