Jeff Hubbard , president of New York City-based Madison Hawk Capital Markets Group , says 94% of the properties for sale are located in the Commonwealth of Massachusetts. A majority are located in Worcester County, which is located less than 50 miles from Boston and sports a multifamily vacancy rate that is one of the lowest in the nation. The remaining units are located in Rhode Island (5%) and Connecticut (1%). Scudder Bay Capital
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.