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Excelsior at Highpoint
Quincy, Massachusetts
In 2004, The Congress Group realized the opportunity to convert
one of the HighPoint apartment buildings into a condominium. An
evaluation of the demand for owner-occupied units in the Quincy
market drove the decision to create the 126 condominium units at
Excelsior. After commencement of construction of the first
phase of the HighPoint project as 520 rental apartment units,
the rental markets in the Greater Boston area softened while, at
the same time, an increasing demand for entry-level condominiums
became evident. Within a year, the entire building was sold-out
and control of the condominium association was turned over to
the newly elected trustees.