Owner of collapsed Mill St. apartment complex in Worcester sells Framingham apartments for $14M
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Arlington Commons in Framingham was sold to a Boston firm on Wednesday.
A corporation co-registered to Bechara Fren of Franklin, who also co-owns the Mill Street apartment complex in Worcester whose roof collapsed and displaced all the residents, has sold a Framingham apartment complex and nearby property for $13.6 million.
The sale of the 56-unit Framingham apartment complex called Arlington Commons and an abutting house comes three years after the corporation co-registered to Fren bought them for $8.6 million, according to the Middlesex South Registry of Deeds.
The buyer of the Framingham properties is an entity owned by the principals of a Boston development company. Aufram LLC, registered to Daniel and Benjamin Moll, the principals of real estate investment firm Arx Urban of Boston, purchased the properties at 77, 79, and 93 Arlington St. in Framingham on Wednesday, according to the Middlesex South Registry of Deeds.
Officially, the seller was SFMG Arlington, LLC of Westwood, which is registered to three people, including Fren, according to filings with the Massachusetts Secretary of the Commonwealth. The two other people to which SFMG Arlington, LLC is registered were not listed as part of the ownership of the Mill Street apartment complex in Worcester.
Fren’s apartment building on Mill Street in Worcester had the roof collapse in July, shortly after he and co-owner Michelle Fren acquired that property. The collapse displaced all the residents and incited anger from public officials when the Frens sued the residents to force them to remove their belongings from the condemned building.
A group of the Mill Street tenants have sued the Frens for damages. Through a variety of corporations, Bechara and Michelle Fren own dozens of properties throughout Central Massachusetts.
Arx Urban, the new owner of the Framingham apartment complex, was founded by Benjamin Moll in 2014. The firm has developed workforce housing projects around the Boston area including being a partner in Linc, an innovative 279-bedroom co-living development in Allston.
The City of Framingham assesses the properties at a total of $6.1 million.
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