Fallon has revisited the project plans many times since he cameup with the idea three years ago. The new approach, which involves490 apartments, has finally managed to appeal to investors.Conerstone Real Estate Advisors joined Fallon and Corcoran JennisonCo. as an equity partner.
The city's plans for the South Boston Waterfront, which involvecreating 4,000 units there over the next ten years, have progressedslowly. Cathartes Investments' plan for 630 apartments andcondominiums on D Street recently won zoning approval, but severalproposed hotels have been stalled because of trouble with financingor receiving permits.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
