Asking Rent Continues to Rise in Boston
While rent seems to be stabilizing nationwide, Boston rent is on the rise: 4.2 percent year-over-year.
Former Goulston & Storrs Offices Sold for $30M
A vacant Boston office building that was formerly occupied by law firm Goulston & Storrs was acquired for $30 million, a 40 percent discount from its last sale in 2014.
$150M Refinances Redgate’s Bedford Office-to-Lab Conversion
Owners of a successful office-to-life science conversion in Bedford received $150 million in refinancing for the 288,000-square-foot complex from Apollo Global Management.
Boston Trails Competitors in AI Real Estate Growth Prospects
Greater Boston lags many large U.S. metros in capturing new tech industry growth, according to a new brokerage analysis.
North Shore Craft Brewery Signs onto Suffolk Downs
The first retail tenant at the Suffolk Downs redevelopment is a North Shore brewery that will occupy ground-floor space in the new Amaya apartment building nearing completion across from the MBTA’s Beachmont station.
Urban Boston Condo Prices Edge Higher
Urban Boston condominium sales prices approached $1.3 million in the second quarter as the new supply pipeline declines.
BlackRock Buys Wayland Complex for $98M
A two-year-old apartment complex in Wayland that’s seen steady rent increases in 2024 sold for $98 million to private equity giant BlackRock.
Clinton Savings Bank President and CEO to Retire
Having been in banking for his entire 42-year career, Robert J. Paulhus got his start at the bank by leading its commercial lending team for nine years.
Revere Officials Condemn Waterfront Apartment Tower
“The tenants are living in a moldy, rat-infested high-rise building with no fire alarms and fire sprinklers that do not work,” said the city health department’s lawyer.
TD Bank Names Greater Boston Market President
Tim Blake will oversee the bank’s retail business in the Greater Boston and Rhode Island markets.
Cambridge Trust Wealth Management Names Chief Investment Officer
Eastern Bank has promoted former Cambridge Trust Co. executive Ryan Hanna as the new chief investment officer at Cambridge Trust Wealth Management.
Starter Home Sales Growing in Boston Area
Even as record-high high home prices dominate local housing markets across the country, new data suggests that sales of cheaper starter homes are on the rise.
Mass. Home to Hottest ZIP Codes in Country
We’ve got three of the top 10 in Realtor.com’s annual ranking of the hottest residential real estate submarkets in the country.
Pittsfield-Arrha Merger Elicits Mixed Feelings from Industry Leaders
Springfield’s Arrha Credit Union will be merging into Pittsfield Cooperative Bank, with a prominent credit union leader expressing “disappointment.”
Arrha Credit Union, Pittsfield Cooperative Bank to Merge
Springfield-based Arrha Credit Union and Pittsfield Cooperative Bank are seeking to merge, the first example of this controversial deal type in Massachusetts in recent years.
Mass. Home Sales Jump in July as Prices Rise Further
The month of July saw home prices reach an all-time high but home sales also managed to skip upwards. Still, the state has a long way to go to become a balanced market, a top market-watcher says.
Record Number of Homes Worth $1 Million
Nearly 1 in 4 Greater Boston homes are now worth over $1 million by Redfin’s latest estimate.
Leader Bank Will Finance Buyer Agent Commissions in Wake of NAR Settlement
Starting Saturday, buyers in some home-sales could have to come up with over $10,000 on top of the thousands they’ve saved for a down payment,
Bristol County Savings Opens Office in Downtown Providence
The bank continues its expansion into Rhode Island with a new loan office.
MassHousing Announces Rent Reporting and Assistance Program
The quasi-public housing finance agency’s fintech partnership is intended to help buyers build credit and aims to reduce evictions.
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