TruAmerica Multifamily Acquires J Highlands At Hudson Multifamily Community For $39.5M

TruAmerica Multifamily, represented by Robert E. Hart, has acquired J Highlands at Hudson, a 158-unit multifamily community located at 307 Central Street in Hudson, MA. The property was sold by Jefferson Apartment Group, with Jim Butz acting as the seller's representative. The transaction was facilitated by Brendan Shields, Maggie McFarland, and Michael Coyne from Walker & Dunlop, who served as the buyer's brokers. Additionally, Russell Dey and Trevor Fase, also from Walker & Dunlop, acted as mortgage brokers in the deal. The sale price for the property amounted to $39,500,000, resulting in a per unit price of $250,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $39,500,000
• Address: 307 Central Street, Hudson, MA
• Market: Hudson, MA
• Buyer: Robert E. Hart - TruAmerica Multifamily
• Seller: Jim Butz - Jefferson Apartment Group
• Buyer's Brokers: Brendan Shields, Maggie McFarland, and Michael Coyne - Walker & Dunlop
• Mortgage Brokers: Russell Dey and Trevor Fase - Walker & Dunlop
• Units: 158
• Price Per Unit (PPU): $250,000

In this closed transaction, TruAmerica Multifamily, led by Robert E. Hart, successfully purchased the J Highlands at Hudson multifamily community in suburban Boston from Jefferson Apartment Group for $39.5 million. The deal was completed with the assistance of the buyer's brokers Brendan Shields, Maggie McFarland, and Michael Coyne, as well as the mortgage brokers Russell Dey and Trevor Fase, all from Walker & Dunlop.