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Maxed Out Downtown Apartment Projects Motivate Investors to Look Outside City for Rent Growth

Wakefield Investments Heads to Boston's Suburbs for $128 Million Investment
Located just blocks from Interstate 95, Mave Apartments offer a straight shot into downtown Boston for commuters. Photo: CBRE
Located just blocks from Interstate 95, Mave Apartments offer a straight shot into downtown Boston for commuters. Photo: CBRE
By John Doherty
CoStar News
March 20, 2019 | 12:00 P.M.

As multifamily investors look to the Boston suburbs for profits, a local firm has closed the biggest-ever apartment deal in a town about 20 miles northwest of the city.

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