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[IMGCAP(1)]QUINCY, MA-Following up on its purchase earlier thisautumn of a Westborough apartment community, Northland InvestmentCorp. of Newton has another suburban Boston multifamily asset underagreement, with sources telling GlobeSt.com that the firm is takingon the luxurious Highlands at Faxon Woods in Quincy. The 196-unitproperty is expected to sell in the $35-million range.

"They are absolutely the buyers," one source tells GlobeSt.com.Calls to Northland and brokers at Cushman & Wakefield who arerepresenting the sellers were not returned by press deadline. Thecomplex was developed by Roseland Property Co. of Short Hills, NJ,and Cornerstone Real Estate Advisers, the investment arm ofMassMutual Financial Group. Officials at those firms wereunavailable for comment on the situation, but sources insistNorthland has Faxon Woods tied up, and say a closing is anticipatedby year's end.