Hudson Valley Property Group Acquires Boston Bay and Hope Bay Affordable Housing Properties in Boston
February 10, 2026
Hudson Valley Property Group (HVPG) acquired two adjacent affordable multifamily properties — Boston Bay and Hope Bay — in the Dorchester neighborhood of Boston, Massachusetts, adding 133 family units to its New England portfolio. The approximately $52.5 million preservation project is financed with a Fannie Mae loan provided by KeyBank and includes roughly $6.4 million in planned renovations and HUD Project-Based Section 8 contracts that preserve affordability for decades.
- Buyers
- Hudson Valley Property Group
- Targets
- Boston Bay, Hope Bay
- Industry
- Real Estate
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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