Lucerne Gardens

By January 7, 2013Assignments

Dorchester, MA

Birch|REA conducted an affordable market study for Lucerne Gardens, a 45-unit, mixed income family housing project located in the Franklin Field neighborhood of Dorchester, Suffolk County, Massachusetts.  The study includes an evaluation of the existing multifamily properties in the same primary market area as the subject housing development, an evaluation of the need for affordable housing within the subject development’s primary and secondary market areas and an evaluation of the subject property and target population in terms of market demands and demand trends.