Amid a strong market in 2019 – stronger still in Greater Boston – that keeps sending prices worryingly higher, places like Brockton and Springfield that once had a hard time attracting attention saw healthy growth.
Their boosters and important business leaders agree Massachusetts’ Gateway Cities have extraordinary potential. The challenge is: how to unlock that?
A group of industrial buildings in Boston’s suburbs has sold to a real estate investment firm for $18.7 million.
Real estate investors should pay special attention to downtown areas of Brockton, Fitchburg, Lowell, Lynn and Worcester, where overlapping HD zones and Opportunity Zones are within walking distance of commuter rail stations.
Core to Eastern Bank’s mission to the “less-served” is a decades-long commitment to our Gateway Cities, leading the bank to support The Brockton Partnership, a privately funded group that brings together local business leaders to support the city’s revival.
The frontier in Greater Boston residents’ quest to find affordable homes moved to the South Shore and Greater Worcester this year, with implications for the way towns, cities and the state plan for the future.
The billionaire casino developer who has been pushing for years to build a casino in Brockton suggested that he will drop his efforts after the Massachusetts Gaming Commission determined Thursday that it will not reconsider its 2016 denial of his Brockton casino bid.
Quincy-based affordable housing developer NeighborWorks Southern Mass and Kingston-based Housing Solutions for Southeastern Massachusetts are merging into one organization, NeighborWorks Housing Solutions.
Boston and its suburbs have become remarkably more diverse, new data show.
Gateway Cities like Lawrence that are within bearable commuting distance of Boston’s core have seen demand for their houses soar as Boston homebuyers seek to avoid the hellish traffic and transit problems gripping the region.
Sharon Credit Union and Brockton-based Crescent Credit Union are planning to merge, to form a new entity with more than $1 billion in assets.
HarborOne Bank is planning to raise $310 million in a new stock offering that will make the former credit union fully public.
Unlike in Boston’s red-hot real estate market, the market-rate units in Gateway Cities cannot cross-subsidize affordable units due to relatively low rents.
In addition to excellent highway access, Brockton has three Commuter Rail stations, offering 30-minute trips to Boston’s South Station. Yet despite these amenities, economic success has been elusive. There are signs that this will change.
Half of the commonwealth’s OZs are located in Gateway Cities, which raised the question: Will OZs be a boon for these post-industrial places?
Some local officials’ reasons for deploying the “nuclear option” of eminent domain in Brockton, Waltham and Hopedale should trigger warning lights.
New Bedford and Fall River are ranked at the bottom of WalletHub’s newest ranking of real estate markets in the country. Out of 300 cities, Fall River ranked 287, New Bedford ranked 288 and Brockton ranked 276.
When President Donald Trump signed into law the Tax Cuts and Jobs Act late last year, it created the most significant changes the U.S. federal income tax laws have seen in over three decades.
Credit report data including credit scores, debt collection rates and other measures of financial health reveals large disparities and vast economic imbalances between different neighborhoods in Boston and cities in Massachusetts.
MassHousing has closed on a total of $14.5 million in affordable housing financing to Beacon Communities for the rehabilitation and preservation of affordability of 570 apartments at two related Brockton housing communities.
