facebook
Traded Co logo
Submit
Daily limit: 0/10

The DSF Group Acquires Talia Apartments In Marlborough For $74M

Property Image
SOLD
$74,000,000
John McLaughlin
Simon Butler
Biria St. John
+ 1

Massachusetts

See Similar Deals
MultiFamily
Sold 12/12/2023
the dealplayerscompscontact
Property Image
SOLD

The DSF Group Acquires Talia Apartments In Marlborough For $74M

155 Ames Street

See Similar Deals
MultiFamily
Sold 12/12/2023
John McLaughlin
Simon Butler
Biria St. John
+ 1
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Sale

The DSF Group has acquired Talia Apartments, a 225-unit luxury residential community located at 155 Ames Street in Marlborough, Massachusetts. The property was sold for $74 million.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $74,000,000
  • Address: 155 Ames Street
  • Market: Marlborough, MA

The sale was facilitated by CBRE, with Biria St. John, Brian Bowler, Simon Butler, and John McLaughlin representing the seller. Josh Solomon, from The DSF Group, acted as the buyer in the transaction.

With a price per unit of $328,889, Talia Apartments offers luxury amenities and is part of a thriving residential community in Marlborough. This acquisition by The DSF Group highlights their strategic investment in the multifamily market.

Players

Simon Butler
CBRE
Simon Butler
33 deals$2.5B volume
BROKER
Biria St. John
CBRE
Biria St. John
32 deals$2.5B volume
BROKER
John McLaughlin
John McLaughlin
4 deals$109.4M volume
BROKER
Brian Bowler
CBRE
Brian Bowler
11 deals$1.1B volume(617) 912-6998
BROKER
TG
The DSF Group
BUYER

Details

SOLD
IMAGE: Simon Butler, John McLaughlin, Brian Bowler, Biria St. John & Josh Solomon DATE: 12/12/2023 ADDRESS: 155 Ames Street MARKET: Marlborough, MA ASSET TYPE: Multifamily BUYER: Josh Solomon - The DSF Group BROKERS: Biria St. John, Brian Bowler, Simon Butler & John McLaughlin - CBRE (@CBRE) SALE PRICE: $74,000,000 UNITS: 225 ~ PPU: $328,889 NOTE: CBRE has completed the $74 million sale of Talia Apartments, a 225-unit luxury residential community in Marlborough, Massachusetts, to The DSF Group.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$3,946,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$262,906.37
Cash-on-Cash Return-1.27%
Monthly Debt Service$350,797.75
Annual Debt Service$4,209,573.04