Industry News
A Gateway to Clean Energy on Cape Cod
Although the resort town of Barnstable fits the demographic requirements of a gateway municipality, it lacked the typical industrial history and immigrant cultures – until offshore wind projects started taking root offshore.
Multifamily Cap Rates Set to Drop Nationwide, But Stagnation Expected in Boston
While a key measure of multifamily investment returns is set to improve nationwide, Greater Boston is more likely to see stagnation this year – but that might not be a bad thing.
Hot Property: Union 346 Phase II
A new apartment complex in Somerville’s Union Square includes 49 apartments built to Passive House standards.
Price It Right from the Start: Three Strategies to Avoid Costly Listing Pitfalls
Due to persistent high interest rates and lack of inventory, buyers are still sitting on the sidelines. As a result, it’s more important than ever to price your listings correctly right from the start.
Everett Sets a Standard for Housing Production
With persistent and overlapping issues of supply and affordability, it isn’t news to anyone that housing shortages are one of the key challenges facing cities and towns nationwide.
Splitting the Pot on Everett Stadium
Boston and Everett officials have just three months to reach agreements with The Kraft Group over community benefits tied to construction of the New England Revolution’s future stadium on the Mystic River waterfront.
Putting Donors’ Dollars to Work in Housing Production
A career spent in the social impact and human service sectors has impressed upon United Way interim CEO Daphne Principe-Griffin the central importance of housing in improving residents’ quality of life.
Healey’s Pro-Housing Nonprofit Seems to Rack Up Few Wins
The nonprofit Gov. Maura Healey formed to help fund pro-housing fights appears to be doing just enough to anger some local voters but only delivering modest financial support for its cause.
Housing Takes Center Stage in Brockton Developments
In the current development climate, multifamily housing takes top billing in major projects in various stages of planning across Massachusetts, including in the Gateway City of Brockton.
Finding Money to Rebuild After Disasters
Hurricanes, fires, floods: If you’re struck by one of these disasters, you’re going to need money. The good news is that there are numerous financial resources available.
We Make a Direct Impact on Gateway Cities
The time has also come to think beyond these established metrics of success and ask another question: Can the real estate industry do more, more directly, for these communities?
Boston City Hall Gets Protection as Latest Historic Landmark
It’s massive, it’s divisive, but no matter what you think of it, it’s undeniably emblematic of a key moment in city history. And now, Boston City Hall has the historic landmark designation to prove it.
Two Colleges Seek Developers for Big Tracts in Weston, Newton
Regis College is selling off a 62-acre parcel across from its campus on Wellesley Street in Weston, while UMass officials are seeking proposals to modernize campus housing at the Amherst campus and parts of the former Mt. Ida College campus in Newton.
Citizens Private Bank Hits $7B in Deposits
During its fourth-quarter earnings call, Citizens executives announced that the company’s private bank has grown to $7 billion in deposits.
T Wants Trains to Go Faster on Red, Orange Lines
With massive patches of slow zones now mostly repaired, MBTA officials have set their sights on pushing some subway speeds to higher levels as one of the next major goals as a way to improve capacity on the lines’ outer stretches.
Community Good Works
Boston-based First Priority Credit Union donated $1 million to Brockton homeless services and housing provider NeighborWorks Housing Solutions. The money will fund the predevelopment phase of a permanent supportive housing project in Quincy. See who else gave back.
12 Green Building Projects Get $64M in Funding from Boston
A dozen real estate projects received a combined $64.2 million in funding toward development and preservation of 637 apartments and for-sale condominiums in Boston.
More CRE Capital Expected in 2025, Boston Named Top Market
According to a survey from CBRE, more investors are preparing to provide capital into the United States commercial real estate market.
Apple Buys Flagship Store in Back Bay for $88M
Apple is making the switch from tenant to landlord of its flagship store in Back Bay, acquiring the glass box-style retail property for $88 million.
Nutter Attorney Named to Land Court
Sarah Turano-Flores, a partner at Boston law firm Nutter, is in line to be the newest judge in the Massachusetts Land Court.
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