Industry News
MAR Membership Drops After Commission Settlement
The Massachusetts Association of Realtors saw a modest decline in membership this year. But is it the commission lawsuits, or something else?
Fed Releases New Guidance for Bank Oversight
The Federal Reserve’s top banking regulator on Tuesday released new guidelines for the agency’s supervision of the financial system, earning praise from industry trade groups and criticism from her predecessor.
Keurig Dr Pepper HQ Sells for 29 Percent Discount
A 431,233 square-foot corporate campus occupied by Keurig Dr Pepper’s headquarters traded for $84.5 million in an acquisition by Los Angeles-based Montana Avenue Capital Partners.
Wayfair, DraftKings HQs Relocating in Office Shakeup
The headquarters of two Boston-based household names are relocating in an office market shakeup involving leases at towers in Back Bay and the Financial District.
Statewide Condo Market Snaps Losing Streak
After struggling for much of the year, the Massachusetts condominium market spent October hitting its first month of year-on-year price growth since April.
Rent Control Backers Report Huge Signature Haul
The campaign behind a proposed 2026 ballot measure to establish rent control across the state says it has cleared the highest signature-gathering hurdle in the initiative petition process well ahead of deadline.
Boston Apartment Rent Hikes Plateau After New Deliveries
Greater Boston renters are getting some relief from apartment rent hikes following completion of a series of new developments, with vacancies in Allston-Brighton hitting double digits.
BankProv Branches to Rebrand as Needham Bank Completes Merger
Needham Bank and BankProv announced that the merger of their mutual holding companies has been completed.
68-Unit Enabled by Cambridge Rezoning
Under Cambridge’s recent citywide rezoning to stimulate multifamily development, a developer proposed 68 apartments in a 6-story building in the Wellington-Harrington neighborhood.
Beverly Apartments Trade to Grossman Companies
Boston-based Foxfield sold one of its three residential properties in Beverly, reaping $11.125 million from the sale of 50 Broadway.
Transom Unveils Designs for Medford Square Development
Transom Real Estate Partners is set to reveal details of the largest development in Medford Square in decades, adding hundreds of apartments to create a new “urban campus” near City Hall.
Not All Boston Area Homes Holding Value
While homes are losing their values at a recent high, homes in the Boston area are retaining their value better than their counterparts.
Personnel File – No. 427
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Leominster Keeps Plastics Manufacturer in 213K SF Lease
A Quebec injection molding manufacturer solidified Leominster’s status as “Plastics City” with a renewal of its 213,000 square-foot lease at 175 Pioneer Drive.
NAR Settlement Impact Not Felt in New England, So Far
Nearly a year after the biggest national commission settlement was approved, buyer agent commissions haven’t budged much. For real estate leaders in Massachusetts, that’s just fine.
As Funding Wanes, Developers Face Downsizing Decisions
Facing reluctant investors and lenders, developers are pursuing changes designed to salvage projects teetering on the brink of financial feasibility.
I’ve Fallen in Love with the South Coast. You Should, Too
Imagine a community that offers coastal beauty, easy accessibility to major metropolitan areas, a relaxed lifestyle and a growing economy.
What Comes Next After MBTA Communities?
We all agree Massachusetts needs more housing. To get there, do we need a shinier, more tempting carrot, a bigger stick or something in between?
Three Overlooked Levers We Can Pull to Build More Housing
Palatable updates to building codes will unlock tens of thousands of new housing units by enabling more housing in the same volumes.
Hot Property: The Bower
Montserrat College of Art’s new creative complex in downtown Beverly includes affordable artist studios, galleries, performance venues and offices designed to meet the needs of nonprofits and creative professionals.
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