Kanden Realty & Development Acquires Ttoren Flats Multifamily Property In Allston For $21M

The property involved in this transaction is Ttoren Flats located at 44 North Beacon Street in Allston, MA. This multifamily asset consists of 30 units and was sold for $21,000,000, resulting in a price per unit of $700,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $21,000,000
• Units: 30
• Price Per Unit: $700,000
• Buyer: Kanden Realty & Development
• Seller: Boston Real Estate Collaborative
• Seller's Representatives: Christopher Sower, Jonathan Bryant, Bruce Lusa, John Flaherty, Kevin Jones, Mary VanNatta & Julie Regan - Cushman & Wakefield

This transaction involved a team of representatives from Cushman & Wakefield, who acted on behalf of the seller, Boston Real Estate Collaborative, ensuring a coordinated approach to the sale involving multiple stakeholders in the real estate community.