Joyal Capital Management invests $36 million in The St. Regis Residences, Boston, a luxury residential development poised to become a landmark in the Seaport District.
Target Information
The St. Regis Residences, Boston is a prestigious development that signifies the ongoing evolution of luxury living in urban environments. As only the second all-residential property under the globally recognized St. Regis brand, it is set to become a landmark in Boston's Seaport District. This 22-story tower features 114 condominium units, along with premium amenities such as valet parking, an onsite fine dining restaurant, and extensive fitness facilities. With a projected stabilized market value of $500 million, the project exemplifies the highest standards in residential construction and design.
Designed by the renowned architectural firm Elkus Manfredi Architects, the building's innovative design draws inspiration from the maritime heritage of the Seaport District. This combination of luxury and sophisticated aesthetics promises to create a distinctive landmark in the Boston skyline, enhancing the prestige of the area as a destination for high-end living.
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Industry Overview
The luxury residential market in Boston has seen significant growth, particularly in the Seaport area, known for its transformation into a vibrant urban hub. The demand for high-quality residential spaces has escalated, driven by an influx of
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Joyal Capital Management, LLC
invested in
St. Regis Residences, Boston
in 2023
in a Growth Equity & Expansion Capital deal
Disclosed details
Transaction Size: $36M
Enterprise Value: $500M