Boston

The 194-unit, class A, ocean-front property, Eliot on Ocean, was acquired by Invictus Real Estate Partners.

The city has a strong Tenants-in-the-Market Index, and is currently exceeding pre-COVID demand.

Developers are dealing with major construction challenges from increased costs to labor shortages.

With a strong presence of tech and life science workers, the Boston area has already rebounded from the pandemic.

When you look at the trends, "it is hard to see why multifamily wouldn't be a booming asset class," says Mike Procopio, CEO of The Procopio Companies.

The sale of One Memorial Drive represents the largest, single-asset US office transaction to date this year.

The city's share of institutional investor volume remained stable throughout the pandemic.

The firm has completed two separate acquisitions for two class A office properties in Chicago, IL and Atlanta, GA.