Hot Property: Forte Apartment Renovations
Almost four years into its ownership of a Brookline apartment building, Newton-based Wingate Companies has earned praise for common area renovations that aim to give the 1949 property a more luxurious feel.
Tenant Retention Takes Center Stage
A flexible investment strategy has fueled the growth of Helge Capital. With the Boston multifamily market softening modestly, CEO Oleg Uritsky says it’s shifting to focus on keeping tenants from moving.
More CRE Capital Expected in 2025, Boston Named Top Market
According to a survey from CBRE, more investors are preparing to provide capital into the United States commercial real estate market.
Boston Multifamily Operators Battling Rising Insurance Costs
Multifamily operators are seeing their properties’ running costs continuing to grow, albeit at a slower rate than in years past according to a new report from real estate data firm Yardi Matrix.
RMR Group Acquires 28K-Unit Apartment Portfolio
Newton-based RMR Group is expanding its multifamily holdings with an $80 million acquisition that gives it a portfolio of 28,000 apartments concentrated in Sunbelt markets.
New Bedford Residents Vote to Let Trains Connect City to Boston
At issue was the state’s new MBTA Communities zoning reform, and concerns its requirement to allow multifamily development by-right in some areas would spark a land rush and gentrification in the working-class city.
Amazon’s Mission: Getting a Key to Your Apartment Building
The online shopping giant is pushing landlords around the country – sometimes with financial incentives – to give its drivers the ability to unlock apartment-building doors themselves with a mobile device.
A New Leadership Role in Property Management
As the industry returns to a more normal atmosphere, Peabody Properties COO Melissa Fish-Crane has a new leadership role at IREM in advising area management companies on best practices.
Cross-Border Investors Bullish on Boston
Institutional investors rank Boston as the second-most desirable U.S. market for investment in 2021 and the only non-Sunbelt metro in the top four.
Market Chaos Muddies Waters
Real estate industry members should be cautious about drawing broad conclusions from current disruptions in the Greater Boston apartment market.
Suburban Landlords Win Amid Rental Market Uncertainty
Multifamily building owners in Boston find themselves scrambling to fill thousands of empty apartment units. How far does the problem reach?
‘Flipping Boston’ Host Launches CRE Investment Firm
The former host of the A&E show “Flipping Boston” has launched a commercial real estate investment firm and announced a partnership with another reality TV figure.
A Recession-Resistant Multifamily Investment Strategy
A father-and-son team with deep connections in Boston legal and real estate circles is carving out a niche in the private equity industry as a multifamily investor. Lee Rosenthal is the younger half of the pair.
