Waltham Overlook Update 10/16/16

True North acquires 207 Waltham apartments for $57 million


True North Capital Partners acquired Waltham Overlook, a 207-unit Waltham apartment community, for $57 million on Friday as recorded in the Middlesex County Registry of Deeds. The sale amounts to roughly $275,362 per unit. East Boston Savings Bank provided $49.18 million in financing towards True North’s acquisition. Units at Waltham Overlook range from 575 square foot one-bedrooms to 910 square foot two-bedrooms, with rents ranging from $1,646 to $2,214 per month. Waltham Overlook last sold in July 2008 for $36 million. The following is the deed for True North’s acquisition of Waltham Overlook:


View Waltham Overlook >>

Search BLDUP

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

Related News