A Business Model Built for the Long Haul

The apartment business runs in the family at The Hamilton Co., the Allston-based landlord and developer founded by the late Harold Brown. His son Jameson, after working as a real estate agent in Boston, joined the company in 2009. Following his father’s retirement in November 2017, Jameson Brown was named co-CEO along with Chief Financial Officer Andy Bloch.

Can Apartments Be Both Smart and Secure?

Nest thermostats, keyless entry locks and electric outlets compatible with Google Home and Alexa platforms have become standard bragging points for developers marketing units in new apartment complexes.

Filling the Gaps in Medford Square

Revitalization strategies for Medford Square sat in binders over the past decade while business districts in Somerville and Malden Center picked up momentum. Now this inner suburb of 58,000 is looking at 2 acres of asphalt as the foundation for a downtown makeover

Multifamily Rents Continue To Grow Through January

Average U.S. monthly rents rose by $5 in January, demonstrating strength to start the year after a seasonal flattening at the end of 2016. Rents increased to $1,315, according to Yardi Matrix’s monthly survey of 124 markets. On a year-over-year basis, rents were up 4.6 percent nationwide in January, a 30-basis-point increase from December, though still 240 basis points below the recent high of 7 percent in January 2016.

$350M Next Phase Of Assembly Row Gets Green Light

Federal Realty Investment Trust is beginning a $350 million additional phase of development at Somerville’s Assembly Row in the form of 447 luxury apartments, 117 condos, 167,000 square feet of retail shops and a 155-room hotel.