- Strategy Repositioning/Development
- Role Sponsor
- Location Brookline, MA
- Acquisition Year 2020
In June of 2020, Odessit Capital purchased a historic two-family on the edge of Aspinwall Hill in close proximity to Beacon Street. The operating plan called for both the preservation of the existing structure along with a by-right subdivision. The ownership team collaborated with the Preservation Department in Brookline to lift the property from its existing orientation, turn it, and move it onto the subdivided portion of the lot. The property was relocated in September of 2022. Construction of the ground-up two-unit condo on the newly subdivided parcel is ongoing with an expected completion date of Summer 2023.