It wasn’t supposed to be this difficult to push the first part of Harvard University’s new Enterprise Research Campus across the finish line. But community opposition and personnel changes have put the project into an uncertain holding pattern.
Multifamily property owners with mortgages backed by Fannie Mae or Freddie Mac can continue to receive COVID-19-related forbearance through Sept. 30, the Federal Housing Finance Agency said in a statement today.
Multifamily building owners in Boston find themselves scrambling to fill thousands of empty apartment units. How far does the problem reach?
Multifamily developer Equity Residential said rents at its Boston-area properties have registered the steepest declines across its national portfolio since Jan. 1.
Zella-Ray Martin was two years, two months and two days old when she fell to her death out of the window of her mother’s Fitchburg apartment last October. Now, her family is pushing to pass a law in her memory that they hope would prevent similar tragedies by requiring window guards or locks in the homes of young children.
Even though capital markets remain liquid, there continues to be significant interest in multi-housing across the entire United States. And more capital is moving towards the Greater Boston market since the multifamily fundamentals are outpacing other primary markets in the U.S.
A central, troubling theme emerges from the Dain report on Greater Boston multifamily land use policies: Land use decisions and plans in many towns and cities have a tenuous relationship with reality.
A new poll claims to show Millennials would not relish the chance to live near their parents, and a majority of Americans do not want to live with their adult children, regardless of a small but growing trend in “cohousing” around the country.
U.S. construction starts are projected to total $808 billion in 2019, essentially level with the current year’s pace of activity, according to a report by Dodge Data & Analytics.
The rise of Amazon and ecommerce is fast turning into an extinction level event for malls, which now face the same fate as all the neighborhood stores and shops they once shuttered on Main Street. And our own bevy of retail bazaars here in Massachusetts is hardly immune to the pressures
Experts agree: Massachusetts needs to build more housing in a hurry, but the mechanisms for doing so aren’t in place. At least two large Chambers of Commerce outside of Boston think they might be able to convince the communities they serve to capitalize on the state’s need for more housing
Everyone knows Somerville’s rags-to-riches story: Multifamily houses in that scrappy, working-class town were gradually bought up by developers who turned them into condominiums and sold them off to yuppies who’d been priced out of Cambridge. Now that the median sale price of a Somerville condo is just shy of $600,000, where will budget-conscious buyers go next?
