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The DSF Group Acquires Avalon Danvers for Nearly $109M

DANVERS, MA—In what has been termed the largest multifamily transaction so far this year in the Boston region, locally-based The DSF Group has acquired the Avalon Danvers multifamily community here for $108.5 million.

By John Jordan | Updated on June 30, 2014

DANVERS, MA—In what has been termed the largest multifamily transaction so far this year in the Boston region, locally-based The DSF Group has acquired the Avalon Danvers multifamily community here for $108.5 million.

The Boston-based real estate investment and development firm reportedly acquired the 433-unit development at 1101 Kirkbride Drive from Avalon Bay Communities. DSF Group says it plans to undertake extensive renovations at the property that will also include expansion of amenity spaces. The property will also be renamed Halstead Danvers. 

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