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Aimco to sell Boston-area apartments for $740 million, exit market

Harbor Group plans upgrades at the five complexes totaling 2,719 units
Aimco's 902-unit Royal Crest Estates in Nashua, New Hampshire, is the firm's largest holding in the Boston market. (CoStar)
Aimco's 902-unit Royal Crest Estates in Nashua, New Hampshire, is the firm's largest holding in the Boston market. (CoStar)
CoStar News
August 8, 2025 | 5:42 P.M.

Apartment Investment and Management Co. has agreed to sell five suburban Boston multifamily properties for $740 million as the publicly traded company liquidates assets to return capital to investors.

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