News: Front Section
Posted: March 8, 2019
Christie and McGee of Hunneman complete $5.5 million multifamily sale to Nora, LLC
Brighton, MA Hunneman has completed the $5.5 million sale of 10 Lothian Rd. to Nora, LLC. The sale is for a 16-unit apartment building owned by the Segal Family Realty Trust.
Hunneman finalized the sale of the 16-unit brick apartment building located a 10 Lothian Rd. in January. Carl Christie and Dan McGee of Hunneman represented the seller, Segal Family Realty Trust and procured the buyer Nora, LLC.
The 1920’s era brick building was fully occupied at the time of the purchase and contained a mix of 13 one-beds, two two-beds, and one three-bedroom unit.
“The building was owned by the same family for close to 80 years,” said Christie. “There was a lot of interest in this property and we received multiple offers. The timing was right for the seller and the purchase made sense for the buyer who has other holdings in the area.”
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