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background-Velo Forest Hills | Real Estate

Velo Forest Hills

Key information

Housing
Sector
2024
Acquired
Boston, MA
Location

  • This 186,902 sq ft, class A, apartment community is comprised of 250 units, and is a transit-oriented residence with a focus on an amenity rich, highly walkable, urban experience
  • Velo's large, thoughtfully designed apartment homes feature 9 ft ceilings, well-appointed kitchens, quartz countertops, stainless steel Energy Star appliances and tiled backsplashes
  • The property is located directly adjacent to the Forest Hills MBTA station, providing direct service to Boston’s major employment hubs
  • Strong median household incomes coupled with modestly priced rents align with our strategy to provide housing to the 80%-120% AMI renter cohort or middle-income renter
  • Sustainable features include LED lighting, ENERGY STAR rated appliances, roof mounted solar panels and built to LEED Gold standard

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*Please note that the assets shown are a select sample only and do not represent all of Nuveen Real Estate's assets. The case studies presented herein reflect an objective, non performance-based standard. It should not be assumed that any investment has been or will be profitable.

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