- Strategy Development
- Role Sponsor
- Location Brookline MA
- Acquisition Year 2023
In May of 2023, Odessit Capital acquired two abutting multi-family properties situated on Aspinwall Hill at 97 University and 101-103 University. The strategy for this project is to re-entitle the two properties as one combined parcel with a 9-unit boutique condo building of mixed of unit sizes, resulting in a net gain of five additional housing units for Brookline. The development team embarked on a comprehensive neighborhood outreach program that saw the project receive many letters of support from neighbors. This resulted in swift and unanimous approval from both the Planning and Zoning Boards by October 2024. Throughout the approval process, the two existing multi-families have been stabilized and remain leased until Summer 2025, at which point the demolition stay will have lapsed and construction can begin. Stay tuned as we continue to update this page throughout construction!