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Multifamily continues to dominate commercial property sales in Boston

Since 2023, sales of rental apartment properties have accounted for at least 34% of all commercial property sales
The 381-unit Kensington in downtown Boston sold in July for $234.0 million to Ponte Gadea USA, in one of the largest multifamily transactions over the past year.  (CoStar)
The 381-unit Kensington in downtown Boston sold in July for $234.0 million to Ponte Gadea USA, in one of the largest multifamily transactions over the past year. (CoStar)
CoStar Analytics
August 17, 2026 | 4:51 P.M.

Sales of Boston-area multifamily properties continue to account for the largest share of investment sales volume in the region, despite a slight decline in the number of properties sold over the past year.

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