BOSTON MULTIFAMILY: THE 42 NORTH STRATEGY
TRENDS Urbanization is a nation-wide phenomenon that is only accelerating and is being driven by two major demographic groups; the baby boomer and the millennial generations. Both generations have increasingly been migrating to Class A/B product in urban cores to better take advantage of desirable city amenities, particularly in safe, walkable cities with greater economic and cultural diversity, and a prevalence of educational institutions. FOCUS 42 North is focused on executing this strategy in the greater Boston market, which is uniquely positioned to offer many of these desirable characteristics and is one of the nation’s most attractive urban areas in which to live. The Firm has sourced several assets that have been controlled by single owners for an extended period of time. These...
