Joseph E. Aoun Of Northeastern University Acquires Student Housing At 291 Saint Botolph St For $169M

The 17-story East Village student housing tower, featuring 723 beds, is located at 291 Saint Botolph Street in Boston's Fenway neighborhood. Northeastern University acquired this asset from Phoenix Property Co. for a total consideration of $169 million, resulting in a price per bed of $233,748.

Summary of transaction details:

• Property Type: Student Housing
• Transaction Amount: $169,000,000
• Buyer: Joseph E. Aoun
• Buyer Representation: Northeastern University
• Seller: Phoenix Property Co.
• Bed Count: 723
• Price Per Bed: $233,748
• Date of Transaction: 06/30/2026
• Address: 291 Saint Botolph Street, Boston, MA

Joseph E. Aoun represents Northeastern University in this transaction, facilitating the acquisition of the property from Phoenix Property Co., which previously owned the student housing tower.