Behind BioMed’s Buying Spree

Investors in life science developer BioMed Realty’s parent, a Blackstone Real Estate fund, were in no hurry to cash out and take their profits in 2020 as the pandemic was making the biopharma sector more attractive than ever. So the private equity giant gave them a new, multi-billion-dollar option. 

Personnel File

Many members of the banking and real estate industries have been on the move in recent weeks. See who’s been hired and promoted!

No Relief from Climbing Rents

High rents, low vacancies and steep barriers to entry are hallmarks of the Greater Boston multifamily housing market, the third-most-expensive U.S. region in which to rent an apartment.

Can 495 Bounce Back?

Savvy commercial real estate investors love a bargain and discounts abound on the Route 495 belt, where sprawling former tech campuses can sell for the price of a luxury condominium in Boston.