Helge Capital Acquires Multifamily Property In Revere, MA For $27.15M

The property involved in this transaction is a multifamily asset located at 190 North Shore Road in Revere, MA. The transaction took place on 09/15/2022 and the property was sold by The Heritage Companies to Helge Capital. The brokers involved in the deal were Adam Dunn, Chris Phaneuf, and Matt Olson from Berkadia. The sale price for the property was $27,150,000, and it consists of 72 units with an average price per unit of $377,083.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $27,150,000
• Units: 72
• Price per Unit: $377,083

Adam Dunn, Chris Phaneuf, and Matt Olson from Berkadia played a crucial role as brokers in facilitating the transaction between the buyer, Helge Capital, and the seller, The Heritage Companies.