An affiliate of the DSF Group has acquired Jefferson Hills Apartments, a 1,020-unit residential scheme in Framingham, Massachusetts, from LivCor for $227m. Built in 1972 approximately 26 miles south of Boston, the property was 95 percent leased at the time of the sale. CBRE secured a $160.7m Freddie Mac loan that matures in 2026 on behalf of the buyer. “The Framingham job market is one of the best in the state with an unemployment rate of 2.1 percent and is headquarters to some of the state’s largest employers such as TJX Companies, Staples and Bose Corporation,” said DSF Group President Josh Solomon.
