Will Fed’s Move Shut Down Housing Pipeline?
The Federal Reserve’s largest interest rate hike in nearly three decades likely will put a kink in Greater Boston’s housing pipeline, increase apartment rents and weed out some development firms.
The Federal Reserve’s largest interest rate hike in nearly three decades likely will put a kink in Greater Boston’s housing pipeline, increase apartment rents and weed out some development firms.
As former Massport security official Herby Duvernéhis Boston-based development firm, RISE Together work to develop projects from Haverhill to downtown Boston, they’re seeking out new investors from diverse local communities who haven’t traditionally been part of real estate projects.
A seafood plant located between South Boston residential neighborhoods and the Seaport District is being eyed for redevelopment as a 96,000-square-foot multifamily project.
A Boston-based developer has received approval to convert one of downtown Haverhill’s last available mill buildings into multifamily housing.