–Leading investment sales firm represents the seller and procures the buyer for the multifamily properties in Holyoke and Springfield, Massachusetts–
Newton, MA (November 29, 2022) – Northeast Private Client Group® (NEPCG) has announced the sale of the Holyoke and Springfield Multifamily Portfolio in Holyoke and Springfield, MA.
Senior Associate Taylor Perun, Investment Associate Alex Burr, and Associate Cameron Formica represented the seller and procured the buyer for these multifamily transactions.
Holyoke Multifamily/ Mixed-Use Portfolio is a 102-unit multifamily portfolio in Holyoke, Massachusetts. The portfolio includes ten (10) buildings consisting of 93 apartments and nine (9) retail/commercial/office units.
Springfield Multifamily Portfolio is a 71-unit apartment portfolio in Springfield, Massachusetts. The portfolio is comprised of four (4) buildings in Springfield.
“The Holyoke and Springfield markets continue to see a tremendous amount of investor interest. As a result of higher interest rates, these higher CAP rate deals offer more resilience to investors’ cash-on-cash returns. Couple this with extremely strong occupancy and raising rents, and these markets continue to see attractive growth.” – Taylor Perun, Senior Associate
Northeast Private Client Group® specializes in mixed-use, retail, and multifamily real estate, exclusively representing investors, property owners, and professional real estate investors. To date, more than 1000 successful transactions have been completed totaling over $3 billion in value within local submarkets around the Northeast and Southeast regions of the United States.
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