Boston Realty Advisors has been retained as exclusive advisor by Chestnut Hill Realty for the sale of Beacon Fairbanks Manor, a 56-unit, 100-percent market-rate multifamily property in Brookline, Massachusetts. The assignment, announced on October 14, 2026, positions the Boston-based brokerage to market a well-established asset in one of Greater Boston’s most supply-constrained submarkets. For investors, the listing represents a rare opportunity to acquire a sizeable multifamily property in a town known for its stringent zoning and limited new development, which has historically supported stable rents and low vacancy.
The property’s classic architecture, high ceilings, prominent corner presence and established market-rate tenancy support a durable in-place investment, according to the announcement. Those characteristics are particularly relevant in today’s market, where rising interest rates and economic uncertainty have made investors more selective. Assets with strong fundamentals and value-add potential continue to attract capital, and Beacon Fairbanks Manor’s 100-percent market-rate status means a new owner could immediately benefit from existing income while exploring renovation or repositioning strategies. The property sits between Washington Square and Coolidge Corner, placing residents within walking distance of two of Brookline’s most established neighborhoods, both offering a variety of retail, dining and other amenities. That location is a key selling point: Brookline’s reputation for top-tier schools, walkability and proximity to Boston’s major employers, including Longwood Medical Area and downtown, consistently drives rental demand.
For Chestnut Hill Realty, the sale would allow the firm to recycle capital as it continues to focus on its broader portfolio of 32 apartment properties totaling approximately 5,000 units across Greater Boston and Providence. Founded in 1969 and headquartered in Chestnut Hill, Massachusetts, the company is a leading owner and manager of multifamily communities in New England, and its decision to divest this asset suggests confidence in current valuations for well-located, market-rate properties. More information about the company is available at www.chr-apartments.com.
Boston Realty Advisors, founded in 2001, is a privately held, locally operated real estate firm that specializes in middle-market investment sales, corporate real estate and retail. Its selection as exclusive advisor underscores the firm’s expertise in brokering multifamily transactions in Greater Boston’s competitive urban and suburban markets. The full announcement, including downloadable images and additional details, can be viewed by click here, and more information about the firm is available at www.bradvisors.com. The timing of this listing matters because it tests investor appetite for market-rate multifamily in a high-barrier-to-entry suburb, providing a bellwether for pricing and demand in the region’s middle-market sector.
