It may be at odds with tradition in an industry centered on human relationships, but some of the biggest commercial real estate firms in the Massachusetts market are increasingly adopting artificial intelligence software.
Total and tappable homeowner equity set new records in June, lowering overall market leverage even though outstanding mortgage debt is at an all-time high, according to real estate data firm ICE
Bostonians’ changing work habits and the new importance of delivery for restaurants’ revenue streams are upending traditional suburban leasing strategies and even reshaping what food and beverage tenants need in a potential space.
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.
Linda Orel is Boston Harbor Now’s first chief impact officer, and she’s planning to put her background in lobbying for climate change defenses to work as the organization tries to shape the future of Boston’s waterfront.
The Consumer Federation of America has released its proposed for criteria brokers can use to make sure new homebuyer representation contracts are fair.
HarborOne Bank recently transferred ownership of the bank’s former headquarters at 68 Legion Parkway to NeighborWorks Housing Solutions, to unlock a new redevelopment.
Webster Bank announced yesterday it had appointed William Holland as its next chief financial officer and the new executive vice president of finance for its holding company.
Massachusetts business confidence fell in June amid indications that the Federal Reserve’s two-year effort to moderate inflation may finally be slowing down the economy.
Stop & Shop has announced it will be closing 32 underperforming stores by the end of the year, including eight in Massachusetts.
Eastern Bank announced today that its merger with Cambridge Trust has successfully closed.
Prolonged high interest rates may drive credit risk at banks with high commercial real estate exposures, according to a new survey by Moody’s.
Rents are most expensive in large coastal markets, but are growing fastest in more affordable markets in the Northeast and Midwest.
An oceanfront seven-bedroom home at 835 Sea View Ave. in Osterville has been sold for $22.75 million, setting a record for the highest-priced single-family real estate sale on Cape Cod to date.
Consumers are slightly more optimistic about homebuying and home-selling conditions despite continued concerns about affordability, according to Fannie Mae’s latest monthly Home Purchase Sentiment Index survey.
Albany-based Ashley McGraw Architects announced it’s acquired studioMLA Architects, a 15-person architecture, landscape and interior design firm located in Brookline.
Larissa Thurston will succeed the current CEO, Mark Cochran, after his planned retirement at the end of the summer
Mayor Michelle Wu joined Lt. Gov. Kim Driscoll and officials from co-developers Pennrose and LGBTQ Senior Housing Inc. and residents for the grand opening of The Pryde on Friday.
Lee Bank recently transformed an empty lot behind its new Pittsfield branch located at 180 South St. into a sustainable urban green space.
With capital hard to come by, even the promise of city fines and higher-paying tenants attracted to green energy upgrades may not be enough to make downtown building owners act.
