MAILING ADDRESS

120 St James Avenue

Floor 6

Suite 6053
Boston, MA 02116

LATEST TWEETS
CONTACT INFO

info@arxurban.com

‚Äč

617-209-6169

© COPYRIGHT 2019 ARX URBAN

1/7

70 LAFAYETTE

Arx Urban partnered with Atlas Real Estate Partners to  acquire a 32-unit  apartment community in Chelsea, MA, an infill suburb just 4 miles north of Boston. Located in the Powderhorn Hill neighborhood with sweeping views of the city, the property is near the Silver Line and Commuter Rail. After acquisition, the property underwent significant interior and exterior upgrades including a new parking lot, common areas, roof, windows and unit renovations. This acquisition represents the second in partnership with New York City-based Atlas Real Estate Partners and was financed with a loan from JP Morgan Chase.

STRATEGY:
ROLE:
LOCATION:
ACQUISITION YEAR:

Repositioning

Sponsor

Chelsea, MA

2015