Anwar Faisal Of Alpha Management Corp. Acquires Multifamily Assets For $37 Million In Brighton & Allston
1848-1850 Commonwealth Avenue & 10-18 Brainerd Road
$37,000,000
Building Size
—
Asset Type
—
Closing
May 19, 2026
AI
The transaction involves the sale of two multifamily apartment buildings located at 1848-1850 Commonwealth Avenue and 10-18 Brainerd Road in Brighton & Allston, MA. The total sale price for both properties is $37,000,000. The properties were acquired by Alpha Management Corp., represented by Anwar Faisal.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $37,000,000
- Buyer: Anwar Faisal - Alpha Management Corp.
- Seller: Mount Vernon Company & Mohnsen Vessali
- Transaction Date: 05/19/2026
This deal was significant as Alpha Management acquired the properties in separate transactions, purchasing the building at 1848–1850 Commonwealth Ave. from Mohnsen Vessali and the building at 10–18 Brainerd Road from The Mount Vernon Company.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.43%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93