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Boston Capital Invests $8M in Apartments

LAWRENCE, NJ-The cash infusion will help complete Community Investment Strategies' 64-unit Heritage Village.

By Eric Peterson | Updated on June 19, 2008

LAWRENCE, NJ-Boston Capital has invested just less than $8.3 million in equity financing in Heritage Village at Lawrence Apartments. The 64-unit rental community for seniors is being constructed by general partner Community Investment Strategies Inc. of Bordentown, NJ.

“Heritage Village at Lawrence provides us with a great opportunity to serve a demand for multifamily housing for senior in an area experiencing strong population growth,” says Jeff Goldstein, COO and director of real estate for the Boston-based Boston Capital, in a statement. “We are very pleased to again be in partnership with Community Investment Strategies and offer seniors housing.”

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