EQT Exeter Acquires Multifamily Property In Boston, MA For $145M

The multifamily property located at 1550 Soldiers Field Rd in Boston, MA has been sold. The transaction took place on 08/10/2022, with a sale price of $145,000,000. The property consists of 211 units, resulting in a per unit price of $687,204. The buyer of the property was EQT Exeter, while the seller was SMC Management Corp. Webster Bank provided the financing for the sale.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $145,000,000
• Address: 1550 Soldiers Field Rd, Boston, MA
• Market: Boston, MA
• Units: 211
• Price Per Unit: $687,204

EQT Exeter acted as the buyer in the transaction, while SMC Management Corp served as the seller. Webster Bank provided the necessary financing for the sale. This transaction represents a significant investment in the Boston multifamily market.