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Multifamily investors find much to like in Boston

Apartment property sales rose at a steady pace through the second quarter, trending ahead of 2024 sales volume
Harbor Group International’s acquisition of The Kendrick in Needham ranked as the largest apartment sale in the second quarter. The 390-unit asset sold for $182 million, or $466,000 per unit. (CoStar)
Harbor Group International’s acquisition of The Kendrick in Needham ranked as the largest apartment sale in the second quarter. The 390-unit asset sold for $182 million, or $466,000 per unit. (CoStar)
CoStar Analytics
August 26, 2025 | 4:02 P.M.

Multifamily investment activity in Boston continued at a steady pace in the second quarter with total sales volume reaching nearly $900 million. The second quarter's $896 million in apartment sales was slightly below second-quarter activity in 2024, which amounted to $991 million in closed deals.

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