WHO WE ARE
b7 Properties LLC is a real estate development and investment company focused on income-producing multi-family value-add and single-family developments. The company currently owns ten residential investment properties in six states, comprised of apartments, condominiums, and single-family developments. Recent transactions include the sale of a 48-unit apartment building in Mansfield, MA, the sale of a 29-unit commercial to residential apartment conversion in Denver, CO, and the purchase of a 90-unit apartment complex in Abington, MA.
WHAT WE DO
We primarily purchase, and ultimately sell or refinance, multi-family properties that are tired and in need of significant cosmetic updating. We bring the properties up to 2019 standards and are then able to compete with newer “Class A” properties in the area at a price tier just below them. To mitigate risk, we test the renovation program in a few units as they become available, and then roll out or adjust the program accordingly.