
Rockland Trust Leads Financing for Quincy Apartments
Quincy-based real estate developer LBC Boston has secured a $50 million financing package led by Rockland Trust for the construction of an apartment complex in downtown Quincy.
Quincy-based real estate developer LBC Boston has secured a $50 million financing package led by Rockland Trust for the construction of an apartment complex in downtown Quincy.
Liz Tavares, a commercial broker with Jay Nuss Realty Group, helped arrange meal deliveries between Newton-area restaurants and local families, senior citizen programs and individual households in need.
As it prepares to break ground on a $120 million development in downtown Quincy, developer LBC Boston is settling into a new home in the City of Presidents.
As potential major changes loom in Boston’s development policies, real estate executives are weighing in with their wallets in the mayoral race.
The recipe for success in Quincy is patience. After a decade of planning and waiting, the revitalization of Quincy Center is well underway. More than 700 apartments and condos have opened in the last three years alone.
A new report shows that Quincy, Revere and Malden had the most new apartment deliveries in Massachusetts in the last five years, while underscoring that Greater Boston trails many U.S. metros in rental housing production.
Millennial housing. Innovation units. Studio apartments. Compact living units. Whatever you call them, developments featuring tiny spaces are popping up again fueled by singles and couples looking for a place to rest their heads within city limits.
Developers received Boston Planning and Development Agency approval Thursday for 802 housing units, including 378 compact living-style apartments at a pair of properties in Allston and Dorchester.
Developer LBC Boston is seeking approval for the largest project yet to be approved under Boston’s two-year-old compact living pilot. Margarita Kvacheva is helping guide the $140 million Allston Green project. a three-building complex spanning 256,000 square feet and 350 apartments at the corner of Linden and Pratt streets in Allston.
Developer LBC Boston has completed construction of Nova Residences, a 68,000-square-foot, 80-unit rental complex at 1505 Commonwealth Ave. in Brighton.