The Victor Update 09/14/16

286-unit Bulfinch Triangle luxury residential building selling for nearly $190 million


The Real Reporter reports that Institutional Multifamily Partners (IMP) of California will acquire The Victor, a 286-unit Bulfinch Triangle luxury residential apartment building with 17,000 square feet of ground-floor retail, from developer Simpson Housing for nearly $190 million. IMP has reportedly submitted a non-refundable deposit for the acquisition. The LEED Gold-certified Victor opened in 2013 and cost $140 million to build; the building is located on a state-owned parking lot. Rents at The Victor range from $2,705/month for a studio to up to $5,250/month for a two-bedroom unit per the Victor leasing website.

View The Victor >>

Search BLDUP

Search BLDUP for news, projects, and companies to find the information that pushes your business forward.

Related News