CAMBRIDGE, MA-Brighton-based Chestnut Hill Realty has purchased a portfolio of apartment properties in the Greater Boston area for a total amount of $24.8 million. The Dupont Family Properties, headquartered in Wilmington, Delaware, was the seller.
The six-building apartment portfolio comprising 87 units runs along the Centre, Chauncy and Langdon streets of Cambridge. Citi Private Bank financed the deal partly by providing a $21.4-million loan. The sale was officially closed on August 26. For the full story, go to Boston Business Journal .
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