News
Boston Commercial Real Estate

CONDOS STAND OUT

While most residential developers are focusing on rentals, Diamond Sinacori?s Merrill Diamond is now permitting an $18M, 70-unit condo project on Commonwealth Ave in Brighton. We found him at the CJP dinner, too, toasting us with a tall glass of ... well, that must be water, of course. Why condos? Earlier in permitting, Merrill says he promised current residents that he would build ownership units in a neighborhood that's largely rental. Serendipitously, since so many others have now taken the rental route, Merrill says DS will have one of the only condo games in town. Priced in the $350k to $450K range, a rarity for Boston's expensive housing, demand could be substantial.

Continue reading this story with a free account

Log in or register
Related Topics: Diamond Sinacori , Merrill Diamond
Sign up for more articles like this
Subscribe to Bisnow's Boston Newsletters
Related Stories

Lightstone Group Acquires Amazon Robotics Building For $43M

'Not In The Business Of Losing Our Customers': Renewals Dominate Boston Office Market

Houston CRE Firms Turn To Contractors As They Look To Scale

The Revitalization Of Sugar Creek On The Lake, A Premier Waterfront Property In Greater Houston

UK Investment Giant Funds First U.S. Development In Boston Suburb

Illinois' Record Storm Season May Be Changing The Risk Equation For CRE

Whoop Looks To Double Boston Footprint With 107K SF Lease

10 States Alone Carry $1.4T In Wildfire Property Risk, Cotality Finds

Bell Partners Buys Reading Apartments For $96M: The Boston Deal Sheet

Owner Lands $67M Loan To Renovate Apartments On Revere Waterfront

Reset Basis: How Hudson Assembly Is Bringing New Life To Boston Office Buildings

ICE Pivot From Warehouse Plan Funnels Cash To Private Prison Owners