A Data-Driven Approach to Creating More Homes
ULI Boston/New England is partnering with three communities north of Boston to enhance both their urban mobility and their supply of new housing.
July 29, 2024
Hot Property: Station Lofts
A refinancing package will enable Capstone Communities to begin an extensive renovation project at its Station Lofts property in Brockton.
Delivering Timing and Predictability in Real Estate Costs
For the past 21 years, Lynn Tokarczyk has advised companies on public programs that reduce long-term costs of doing business and expanding in Massachusetts.
Despite Delays, Will Planned Rail Service Boost South Coast Housing Market?
Realtors in the New Bedford and Fall River areas are bracing for a potential surge in homebuying after the new South Coast Rail commuter lines finally opens next spring, barring yet another delay.
SJC Rules Against Tenant in Eviction Case
In a case involving the Massachusetts appeal bond statute in a summary process eviction case, the Supreme Judicial Court recently ruled against a family that had been occupying a foreclosed property for 11 years without making mortgage or rent payments.
Madame Vice President, Look to Mass., Not California
Kamala Harris should look to former Boston Mayor Marty Walsh, Gov. Maura Healey and former Gov. Charlie Baker for tips on winning over swing states with a pro-growth agenda.
Boston Office Landlords Bet on Spec Suites
Overall office requirements in Greater Boston are pushing past 3.5 million square feet. Many of them are on the hunt for a flexible, seamless solution in the market: spec suites.
Eastern Bank Looks Ahead to Merger Benefits
Eastern Bank closed its merger with Cambridge Trust earlier this month, and executives spent part of the bank’s second-quarter earnings call looking ahead to the deal’s benefits while not expressing any immediate desire to continue expansion.
MBTA Invites Developers to Hear Alewife Opportunity
The MBTA is formally launching its effort to find someone to redevelop the site of its Alewife garage and Red Line station in North Cambridge, inviting interested parties to an Aug. 8 forum in downtown Boston.
MAPC, Four Cities Team Up to Lure Modular Housing Factory
The Boston area’s quasi-public regional planning agency and four cities are splitting a $3 million federal grant that’s intended to lay the groundwork for luring a modular housing factory to the area.
MBTA Board to Electrify, Speed Service on First Commuter Line
After years of advocates’ lobbying and promises by former MBTA leaders, the T is set to get its first electrified commuter rail line, serving Boston’s Dorchester, Mattapan and Hyde Park neighborhoods.
Fed’s Preferred Inflation Gauge Cools, Adding to Rate-Cut Likelihood
The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates this fall.
With Session Nearing End, Boston Tax Rate Bill Advances
While it ran into resistance during its public hearing, Boston Mayor Michelle Wu’s proposal to temporarily increase the property tax rate for commercial buildings cleared its first major legislative hurdle as a key deadline approaches.
US Homes Find Fewer Foreign Buyers Thanks to Strong Dollar
Sales of U.S. homes to Chinese, Canadian and other foreign buyers have fallen to the lowest level in more than a decade, hampered by a strong dollar and more hurdles that have kept the housing market in a deep sales slump for over two years.
Buyer Demand Kept Pace with Housing Inventory in June
Numbers of new single-family and condominium listings...
Legislature Warms to Boston’s Push for Higher Fines on Landlords
Boston property owners, landlords and businesses that violate the city’s sanitary code could face significantly higher fees under a home rule petition that gained House approval this week and may be on the move in the Senate.
Healey Scraps $1B Boston Lab Project, Pivots to Housing
The Healey administration abandoned plans for life science towers at a state-owned Brutalist landmark in Boston’s West End and pivoted to a new development plan prioritizing housing production.
As Deadline Looms, a Look at Beacon Hill’s Competing Housing Bills
House and Senate negotiators face an end-of-July deadline to agree on a compromise housing policy-and-funding bill before the legislature goes on break for the rest of the year.
NMHC: Apartment Debt Financing and Deal Flow Improves
Apartment market conditions are more favorable in terms of debt financing and sales volume, but equity financing continues to be less available than prior quarters amid continued high interest rates, according to the National Multifamily Housing Council.
