Akelius Real Estate Management’s $5.8 Million Real Estate Acquisition in Boston’s North End neighborhood

Nixon Peabody advised Akelius Real Estate Management LLC on the deal

Akelius Real Estate Management U.S. LLC has expanded its U.S. footprint with a $5.8 million real estate purchase in Boston’s North End neighborhood. The mixed-use apartment building includes ten residential units and two commercial units.

Akelius acquires, upgrades and manages multifamily residential properties. Akelius, whose U.S. portfolio is over $1B in capital, first entered the U.S. market in 2015.

Nixon Peabody’s deal team was led by Boston real estate partner Chris Froeb (Picture) and associates Christina Ricotta and Ali Walendziak.

Involved fees earner: Christopher Froeb – Nixon Peabody LLP; Christina Ricotta – Nixon Peabody LLP; Ali Walendziak – Nixon Peabody LLP;

Law Firms: Nixon Peabody LLP;

Clients: Akelius Real Estate Management LLC;

Author: Ambrogio Visconti