Boston Realty Advisors Brokers Sale of Mount Carmel For $10M

Boston, Massachusetts--(Newsfile Corp. - June 14, 2022) - Boston Realty Advisors, the largest Boston-based independent real estate brokerage and consulting company, brokered the sale of Mount Carmel Residences, a fully approved 108-unit residential development in the Jeffries Point neighborhood of East Boston.

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

• The property, consisting of three buildings and a parking lot, was the former Our Lady of Mount Carmel and will be a combination of adaptive reuse of the existing buildings and new construction on the associated parking lot.
• The approved residential development will include 14 units in the existing buildings, with the remainder of the 108 being new construction.

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ABOUT BOSTON REALTY ADVISORS

Founded in 2001, Boston Realty Advisors is a Boston-based, privately held, locally operated real estate firm. BRA is data-driven, with real-time insight on real estate trends ranging from commercial and residential development to debt and equity markets. BRA applies industry experience to inform decisions, manage risk, and maximize profitability for its clients. For more information on BRA, please go to www.bradvisors.com.

Contacts:

Tom Palmer, Tom Palmer Communication
617.755.7250
tompalmer@rcn.com

Source: Boston Realty Advisors

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/127715