The market for apartment properties is likely to keep expanding. That’s despite the fact that the business of investing in apartments has already been in expansion for six years, since property prices hit their low point in 2009. No boom lasts forever, but the long, slow recovery from the financial crisis continues to bring new capital to multifamily real estate, which still provides relative high yields compared to other investments.
Yesterday afternoon the State Police Holden Barracks received a report from a Worcester County Deputy Sheriff of a vehicle traveling erratically and at high speeds on Interstate 495 in Marlborough and the vehicle had just exited and is now westbound on Interstate 290.
Trooper Luis Rodriguez was stationary on I-290 near exit 22 in Shrewsbury when he observed the described vehicle pass his location at a speed higher than the posted limit of 65. Trooper Rodriguez attempted to stop the vehicle, which it did not. The vehicle, a Dodge Caliber accelerated to over 100 mph, changing lanes to pass vehicles, including driving in the breakdown lane.
As the vehicle approached a congested construction zone, on I-290 near College Square in Worcester, the pursuit was terminated. The driver, later identified as a 25-year-old man of Manchester New Hampshire, continued to maneuver through traffic. Other troopers then observed the vehicle on Route 20 westbound in Auburn.
As the driver approached troopers stopped on Route 20, he exited the westbound lanes and began driving westbound in the eastbound lanes of Route 20 in the town of Oxford, approaching the Charlton town line. An attempt was made with a tire deflation device to disable the vehicle. He then continued westbound until troopers were able to position their cruisers until he could no longer continue traveling.
The driver was placed under arrest and charged with multiple offenses, including OUI-Drugs and Failure to Stop.
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