This project consists of a three-phase mixed-use development of a Synagogue, a Mikvah, and a 70-unit apartment building with an underground garage with 82 parking spaces on a site with shared access and utilities between the owners of the apartment building, Synagogue and Mikvah. The apartment building will be seven stories and will contain 1 and 2-bedroom units, including 9 affordable units, a roof deck and roof top lounge.
Murphy PC represented the developer in the acquisition of the properties, construction financing with a regional lender, and reciprocal easement agreement with Synagogue and Mikvah owners addressing access, construction, shared parking, and maintenance obligations.
Murphy PC is a law firm in Boston, Massachusetts representing, developers, investors, owners, asset managers, and sponsors in all aspects of real estate, including project development, acquisitions and dispositions, joint ventures, capital markets, commercial leasing, design and construction contracts, and title and escrow services. Our real estate capabilities include a variety of sectors and asset classes in small to middle-market segments, including, mixed-use, multi-family, office, retail, and restaurant.