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Scully Company Enters Boston Market; Expands New England Portfolio.

Document Cited in Related
Vincent

MANews-(C)2009-2022

US-based Scully Company has acquired Haverhill, Massachusetts-based multifamily asset The Bixby,

The Bixby marks Scully company's second community in New England and is consistent with the focused portfolio expansion in the region.

Scully acquired the market rate property from Blackfin Real Estate Investors with the disposition and financing coordinated by Berkadia.

The Pennsylvania-based firm intends to modernize select unit interiors, enhance common areas and provide a best-in-class living experience for residents.

The Bixby offers pet-friendly, modern, studio, one, and two-bedroom apartments. While a suburban location, the community is transit-oriented with the MBTA station just across the street and provides residents access to 25+ shops and restaurants along Washington Street within a five-minute walk.

Existing community amenities include a resident lounge with pool tables, shuffleboard, and smart TVs, an entertainment kitchen, 24-hour fitness center, bark park, resident storage, dedicated package room, and secure on-site structured...

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