The Brynx
Update
05/26/17
Eden and Samuels close on Goddard House property acquisition for $8.05 million, secure $43.25 million construction financing
Eden Properties and Samuels & Associates, developers of the 149-unit Goddard House apartment development in Jamaica Plain, have closed on the acquisition of the two-acre project site at 201-205 South Huntington Avenue for $8.05 million and have secured $43.25 million of construction financing for the project through Northwestern Mutual Life Insurance Company. An existing 114,004-square-foot historic building which will be incorporated into the development stands on the site; the sale amounts to $70.61 per existing building square foot and $4.025 million per acre. The Goddard House project will now proceed with construction.
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