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Sentinel's apartment buy.


Sentinel Real Estate Corporation announced that it has purchased Applebriar Apartments in Marlborough, MA. The purchaseprice of the property was not disclosed.

In explaining the reasoning behind the purchase, Robert B. Kass, senior vice president at Sentinel, said: "Applebriar Apartments affords us the opportunity to re-enter re·en·ter also re-en·ter  
v. re·en·tered, re·en·ter·ing, re·en·ters

v.tr.
1. To enter or come in to again.

2. To record again on a list or ledger.

v.intr.
 the suburban Boston market with a property that offers a great location and easy access."

Sentinel provides real estate investment advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 to 60 institutional clients, including public funds, corporate funds, Taft-Hartley pension plans, profit sharing profit sharing, arrangement by which employees receive, in addition to their wages, a share of the net profits of a business. The purpose is to give them an incentive to increase their output through enhanced morale, less wasteful use of materials, better care of  plans and endowment funds Endowment funds

Investment funds established for the support of institutions such as colleges, private schools, museums, hospitals, and foundations. The investment income may be used for the operation of the institution and for capital expenditures.
. Sentinel directs various pooled and separate accounts holding diversified portfolios of real estate assets totaling over $5 billion. It is among the largest holders of apartment properties in the U.S.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Date:Sep 6, 2006
Words:117
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