FPA Multifamily buys 696-unit Waltham, MA Apartment Complex for $221M ($317,529/unit) from Harbor Group

  • 9/20/2024

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Gardencrest Apartment Homes, a 696-unit, 100% market rate workforce housing apartment community in Waltham, MA, has sold to an affiliate of San Francisco-based Fowler Property Acquisition. Although CBRE, which represented seller Harbor Group International, did not disclose the sale price, the Boston Business Journal reported it as $221 million for the largest multifamily deal in the Boston area year-to-date.

FPA Multifamily
Quentin Tedesco | Acquisitions Officer-Midwest/Northeast
Harbor Group International (HGI)
Yisroel Berg | Managing Director-CIO, Multifamily

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