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Boston Multifamily Investors Pivot to the Suburbs

Suburban Properties Account for 65% of All Apartment Sales During Coronavirus
Bell Stoughton, a 240-unit multifamily community in suburban Stoughton, Massachusetts, recently sold for $71.65 million.
Bell Stoughton, a 240-unit multifamily community in suburban Stoughton, Massachusetts, recently sold for $71.65 million.
By Todd Galvin
CoStar Analytics
September 1, 2020 | 5:49 P.M.

Multifamily investors active in the Boston region during the coronavirus pandemic have shown a clear interest in the suburbs. In fact, nearly 65% of all apartment sales were located outside Boston-proper, up from a 50% average during the past five years.

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