We built upon the hospitality-driven amenities that Fairfield Commons has to offer to create a modern living concept that appeals to all residents, whether they are young professionals, families planting roots in the Somerset community, or empty nesters seeking the convenience of the greater neighborhood. This project is adaptable to all.
Landlords were lenient about rent payments during the first two years of the pandemic. Now, many are asking for back rent, and some are raising the current rent as well.
In a move that the Financial Crimes Enforcement Network said would help combat money laundering in real estate, the federal agency plans to expand the Bank Secrecy Act to require information about the individuals behind all-cash real estate transactions.
George A. “Tony” Hewett, an attorney known for his work on U.S. Small Business Administration loans, died of cancer last month at the age of 66.
Webster Five Cent Savings Bank plans has purchased property in Auburn and plans to turn the space into its new corporate headquarters.
Construction will cost between $13 million and $14 million.
Brookline Bank has added two executives to its commercial real estate division.
The growth of mobile tech for commercial real estate and demand for communal amenities prompted Boston-based HqO to adopt a new business model this spring.
The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency issued a final rule that increases the threshold for commercial real estate transactions requiring an appraisal from $250,000 to $500,000.
Commercial real estate reporter Steve Adams early last year decided to explore the lack of diversity in CRE. That initial idea became two articles, but those two articles couldn’t begin to encompass all the stories there were to tell, and so the Diversity in CRE section was born.
A nine-year career as an NFL lineman prepared Gosder Cherilus for the competitive world of Greater Boston’s commercial real estate industry. A native of Haiti whose family moved to Somerville in his teens, Cherilus played at Somerville High School and Boston College before going pro. Retiring this spring after eight knee surgeries, Cherilus had a career to fall back on at Eagle Development Partners, a Stoneham-based real estate company where he’s been a managing partner since 2010. Eagle Development is providing construction management oversight for the mixed-use Woburn Landing development and partnering with the Arcand family on a 40-unit apartment complex at 446 Cambridge St. in Allston.
Margulies Perruzzi Architects has completed a new office at 265 Franklin St. in Boston for the Greater Boston Chamber of Commerce.
BSB Bancorp posted strong earnings driven by core deposits in the fourth quarter last year, representing the 14th consecutive quarter of growth for Belmont Savings Bank.
PwC and the Urban Land Institute have published their 2017 outlook on national real estate investment and development trends.
