Synagogue, Mikvah, and 70-Unit Apartment Building Mixed-Use Development-Boston, Massachusetts

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.

News & Insights

Commercial Real Estate Sentiment Rises to 67 as Market Stabilizes

September 8, 2025 | Author:  David J. Murphy Commercial real estate executives reported increased confidence in the third quarter of 2025, with The Real Estate Roundtable’s sentiment index climbing to 67 from 54 in the previous quarter, according to the organization’s Q3 2025 sentiment survey....

Federal Reserve Policy and Commercial Real Estate Market

September 1, 2025 | Author:  David J. Murphy The Federal Reserve’s July 29-30, 2025 meeting minutes reveal a central bank navigating the stages of its inflation fight while monitoring emerging economic weakness. The Federal Open Market Committee (FOMC) maintains the federal funds rate at 4.25-4.50...

Federal Legislation Incentives for CRE in 2025

August 25, 2025 | Author:  David J. Murphy Several sweeping changes have arrived for commercial real estate (CRE) investors, developers, and property owners following the July 4, 2025 enactment of the “One Big Beautiful Bill Act” (OBBBA). This federal legislation, together with the 2025 budget...