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Anwar Faisal Of Alpha Manag...

Anwar Faisal Of Alpha Management Corp. Acquires Multifamily Assets For $37 Million In Brighton & Allston
SOLD

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

AC
Alpha Management Corp.Buyer
MC
Mount Vernon CompanySeller

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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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