United Multi Family brokers $4.25 million sale - Financed by Brookline Bank

United Multi Family brokered the sale of a 36 unit apartment building at 53,55,57 Washington St., for $4.25 million ($118,056 per unit). The transaction was handled by Richard Cawley and Jason Braun of the New England office of United Multi Family. The brick residences were built in 1965 and sold by The Johnson Realty Trust to Dande LLC. The financing provided by Brookline Bank. The CAP rate at the time of sale was 6.68% with the property having a gross annual income of $464,220.

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Boston, MA The fall season always marks the return of IFMA Boston events, and this year is no different. Registration is now open for IFMA Boston’s FMForward Deep Dive 2024. The FMForward Deep Dive 2024 Conference will be held on November 19^th at the Babson Executive Conference Center in Wellesley, Mass.

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Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Preserving wealth across multiple generations requires strategic planning, foresight, and the right investment vehicles. Delaware Statutory Trusts (DSTs) offer a powerful solution for families looking to build and protect their financial legacy and to efficiently plan for their estate.