Colliers Arranges $44.5M Construction Loan for Multifamily Project in Norwood, Massachusetts
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Boston life sciences absorption has moderated from its 2021-2022 pace, and the market is working through a meaningful Cambridge sublease overhang. Multifamily and trophy office remain durable. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The 15th Boston story tracked on the wire in September 2026. All Boston coverage →
- Disclosed multifamily deal value tracked in September 2026: $11.6B across 138 reported transactions. All Multifamily coverage →
- 71 stories mentioning Colliers on the wire in the past 90 days. Colliers coverage →
Computed from Real Estate Trail’s own tracked coverage
NORWOOD, MASS. — Colliers has arranged the $44.5 million construction loan for a 145-unit multifamily project in Norwood, located southwest of Boston. The site is located at 259 Lenox St., and the new five-story build…
External link. Real Estate Trail does not republish source content.
Related coverage — Boston · Multifamily
Brighton Multifamily Draws Record Pool of Potential Buyers
Marcus & Millichap closed the sale of 15 Euston Rd., a 24-unit multifamily property in Boston’s Brighton neighborhood. The asset sold for $8,875,000. “Brighton is one of the lowest transactional submarkets in th…
Marcus & Millichap Negotiates $4.9M Sale of Boston Apartment Portfolio
BOSTON — Marcus & Millichap has negotiated the $4.9 million sale of the Delhi Street Portfolio, a trio of apartment buildings totaling 18 units in Boston’s Mattapan area. The buildings were constructed in 1930 and hou…
Partnership Completes Multifamily Project, Public Park in Dover, New Hampshire
DOVER, N.H. — A partnership between Boston-based developer Cathartes and the City of Dover, located near the Maine-New Hampshire border, has completed a multifamily project and public park in the city’s waterfront dis…
Boston investors pay $60M for Montgomery County shopping center
Boston Office Vacancy Rises to 17.6% as Market Maintains One of Nation’s Largest Construction Pipelines
Brightshore’s Tom Shapiro: Rate Shock Sours Housing as Data Centers Lift Industrial
Brightshore Capital founder Tom Shapiro told CNBC that a September rate hike and 30-year mortgages near 7.5 percent have soured both the for-sale and rental housing markets, even as data center users are snapping up t…