2020: A Year in Giving

The real estate and lending communities gave back to their communities in so many ways this year, both big and small. Here is a small selection of these good works.

Community Good Works

From gifts of PPE to monetary aid to help survivors of domestic violence and efforts to increase equity in schools, members of the banking and real estate industries gave back to their communities in many ways this week.

Hong Kong Investor Makes $115M Boston Acquisition

Hong Kong real estate investor Nan Fung has made its first acquisition in Boston just months after establishing a new U.S. office to pursue life science properties, resulting in a quick windfall for the previous owner of 13 months.

Southfield Picks New Master Developer

A partnership between Brookfield Properties, Boston-based New England Development and Pinehills Managing Partner Tony Green will lead the latest attempt to redevelop the 1,450-acre Southfield parcel on the South Shore.

The Ghosts of 75 State St.

Brookfield Properties has reached an agreement to recapitalize 75 State St. at approximately $755 per square foot. But unlike other downtown trophy properties, this building rose in the 1980s amid a scandal that threatened to topple some of Massachusetts’ most powerful figures.