Recent Press Releases
Press Releases
Boston Capital Asset Management (BCAM) to Provide Asset Management Services to Arizona Department of Housing
Boston Capital Asset Management (BCAM), one of the leading real estate asset management firms in the country, has been selected to provide asset management services to the Arizona Department of Housing (ADOH).
-- September 22, 2009
Boston Capital Invests in Two Affordable Multifamily Developments in VA
Boston Capital invested in Meadowbrook Heights Apartments, a 42-unit multifamily apartment development located in Culpeper, VA and Stephens Village Apartments, a 46-unit multifamily apartment development located in Stephens City, VA.
-- September 1, 2009
Boston Capital Invests in Affordable Multifamily Development in Harlem, NY
Boston Capital invested in Harriet Tubman House Apartments, a to-be-built, 53-unit multifamily development in Harlem, NY.
-- July 23, 2009
Boston Capital Announces Launching of Fund XXXII
Boston Capital announces the opening of Boston Capital Tax Credit Fund XXXII, a $150 million diversified portfolio of affordable apartment properties throughout the U.S.
-- July 14, 2009
Boston Firm Second Largest Owner of Apartments in Country
Boston Capital, the Boston based real estate investment and advisory firm founded by Jack Manning in 1974, has been recognized by the National Multi Housing Council (NMHC) as the second largest owner of apartments in the country.
-- May 4, 2009
Boston Capital Closes on $120 Million Apartment Portfolio
Boston Capital announced the closing of Boston Capital Tax Credit Fund XXXI, a nationally diversified portfolio of 30 affordable apartment properties in 12 states with total equity invested of $120 million.
-- May 4, 2009
Boston Capital Acquires Affordable Multifamily Green Development in Kona, Hawaii
Boston Capital invested in Lokahi Ka'u, a to-be-built, 306-unit multifamily development in Kona, Hawaii.
-- January 22, 2009
Boston Capital Acquires Affordable Multifamily Development for Seniors in Phoenix, AZ
Boston Capital invested in Amber Pointe Apartments, a to-be-built, 56-unit multifamily development for seniors in Phoenix, AZ.
-- November 20, 2008
Boston Capital Finance Closes Loan on Affordable Multifamily Development in VA
Boston Capital Finance (BCF) announced the closing of a $10,400,000 permanent loan for Ocean Gate Apartments in Virginia Beach, VA.
-- September 18, 2008
Boston Capital Closes on $150 Million Apartment Fund
Boston Capital announced the closing of Boston Capital Tax Credit Fund XXX, a nationally diversified portfolio of 27 affordable apartment properties in 15 states with total equity raised of $150 million.
-- July 10 , 2008
Boston Capital Acquires Affordable Multifamily Development for Seniors in Lawrence, NJ
Boston Capital invested $8,229,843 in equity financing in Heritage Village at Lawrence Apartments, a to-be-built, 64-unit multifamily development for seniors in Lawrence, NJ.
-- June 16, 2008
Boston Capital Acquires Affordable Multifamily Development in Fort Worth, TX
Boston Capital invested in Residences at Eastland, a to-be-built, 146-unit multifamily development in Forth Worth, TX.
-- June 03, 2008
Boston Capital Acquires Affordable Multifamily Development in Clarkston, GA
Boston Capital invested in Tuscany Village Apartments, a 144-unit multifamily development in Clarkston, GA, located 10 miles northeast of Atlanta on a 10.7-acre site.
-- May 29, 2008
The LIHTC Correction of 2008 and How We Got Here - By Bob Moss
You can call this the Correction Year of 2008 for the low-income housing tax credit (LIHTC).
-- May 08, 2008
Boston Capital Finance Closes Loans on Affordable Multifamily Developments in TX and CA
Boston Capital Finance (BCF) announced the closings of a construction/permanent loan for Citron Court Apartments in Lemon Grove, CA and a permanent-only loan for the Gardens of Gladewater in Gladewater, TX
-- April 14, 2008
Boston Capital partners with Seattle Housing Authority to rehabilitate 586 affordable units
Boston Capital invested in the rehabilitation of 586 apartment units in seven mid and high-rise buildings located on scattered sites in Seattle, Washington.
-- April 10, 2008
Boston Capital Finance Closes Loans on Three Affordable Multifamily Developments in TX, GA and CO
Boston Capital Finance (BCF) announced the closings of construction/permanent loans for Oak Tree Village Apartments in Dickinson, TX and Ashton Browns Mill Apartments in Atlanta, GA. BCF also closed a permanent-only loan for Sunshine Peak Apartments in Montrose, CO.
-- April 08, 2008
NMHC Ranks Boston Capital as Third Largest Apartment Owner in US
Boston Capital, the Boston based real estate investment and advisory firm founded by Jack Manning in 1974, has been recognized by the National Multi Housing Council (NMHC) as the third largest owner of apartments in the country.
-- April 03, 2008
Boston Capital Acquires Affordable Multifamily Development in Bartlesville, OK
Boston Capital invested in Brookhaven Plaza Apartments, a 120-unit multifamily development in Bartlesville, OK, located 40 miles north of Tulsa.
-- March 05, 2008
Boston Capital Real Estate Partners, LLC Closes Investment in Class A, Market Rate Multifamily Development in Raleigh, NC
Boston Capital Real Estate Partners, LLC (BCRE) closed its investment in Fairfield Corporate Center Apartments, a to-be-built 350-unit, luxury garden-style community located in Raleigh, NC.
-- March 03, 2008
Boston Capital Real Estate Partners, LLC Closes Two Investments in Class A, Market Rate Multifamily Developments in Colorado
Boston Capital Real Estate Partners, LLC (BCRE) closed investments in Alexan Broadway Station, a to-be-built 419-unit development in Denver, CO and Alexan at Briargate Apartments, a to-be-built 322-unit apartment development in Colorado Springs, CO
-- February 07, 2008
Boston Capital Real Estate Partners, LLC Closes Investment in Class A, Market Rate Development in Denver, CO
Boston Capital Real Estate Partners, LLC (BCRE) closed its investment in Broadstone at Parker Station, a to-be-built 212-unit, class-A, garden-style apartment development in Denver, CO.
-- January 29, 2008
Boston Capital Acquires Affordable Multifamily Development in Toms River, NJ
Boston Capital invested in Toms River Crescent Apartments, a to-be-built, 120-unit multifamily development in Toms River, NJ. Boston Capital provided the tax credit equity for the development; Boston Capital Finance LLC provided a construction-only loan which totaled $10,750,000.
-- January 24, 2008
Boston Capital Acquires Affordable Multifamily Development in Montgomery, AL
Capital acquired Sherwood Apartments, an 80-unit, garden-style multifamily development in Montgomery, AL.
-- December 10, 2007
Boston Capital Real Estate Partners, LLC Closes Investment in Class A, Market Rate Multifamily Development in Aurora, CO
Boston Capital Real Estate Partners, LLC (BCRE) closed its investment in Saddle Rock East Apartments, a to-be-built 263-unit, class-A, garden-style development located in Aurora, CO.
-- November 1, 2007
Boston Capital REIT Announces Agreement To be Acquired by BPG Properties, Ltd.
Boston Capital Real Estate Investment Trust, Inc. (the "Company" or "Boston Capital REIT") today announced that it has entered into a definitive agreement pursuant to which an affiliate of BPG Properties, Ltd. on behalf of BPG Investment Partnership VIII and VIII A, L.P. will acquire the Company in an all cash transaction for $13.30 per share.
-- October 24, 2007