NY firm buys Mass., New Hampshire apartment buildings for 0M
Eagle Rock Properties has acquired five New England apartment complexes from Apartment Income REIT Corp. for $500 million, including four in Greate...
Eagle Rock Properties has acquired five New England apartment complexes from Apartment Income REIT Corp. for $500 million, including four in Greater Boston. The Plainview, New York-based firm entered the Massachusetts multifamily market in 2020 when it bought a Westborough site. In recent weeks it added to that portfolio by purchasing the following properties from Denver-based Apartment Income (NYSE: AIRC): A 103-unit property at 9 Bronsdon St. in Brighton, now known as Eagle Rock Apartments & Townhomes at Brighton A 424-unit Framingham at 5 Georgetown Drive in Framingham, now known as Eagle Rock Apartments at Framingham A 279-unit complex at 50 Dinsmore Ave.