Boston
Boston Planning & Development Adds Board Member
The Boston Planning & Development Agency (BPDA) added Brian Miller as the newest member of the BPDA board. A resident… Read more
Rockpoint Closes Core-Plus Fund at $2B
Rockpoint Group has closed its third core-plus fund at its goal of $2 billion, PERE reported. The Boston-based investment firm… Read more
Business Group Sees Slow Restart for Massachusetts Economy
Safely resuscitating Massachusetts’ economy following the coronavirus pandemic is likely to be a painfully slow process and require a gradual… Read more
Wight & Co. Bring in SOM’s Steffes as Project Director
Scott Steffes has joined architecture, engineering and construction firm Wight & Company as a project director, leading integrated teams on… Read more
Lee & Associates Establishes Boston Office
Lee & Associates has expanded with a newly-opened Boston location. The office will specialize in tenant representation for office, life sciences,… Read more
Market-leading Hotel Investment Sales Team Joins CBRE in ATL
CBRE expanded its Atlanta-based hotels team with the addition of Robert J. Webster, a commercial real estate industry veteran who… Read more
Boston-Based MLL Buys Ravenswood MOB
Boston-based MLL Capital revealed itself as the previously undisclosed buyer of 1945 West Wilson in the North Side’s Ravenswood neighborhood,… Read more
BXP Beats Earnings Estimates, Focuses on Uncertainties
Boston Properties (BXP) beat analysts’ estimates on funds from operations and revenues in the first quarter, with FFO of $1.83… Read more
Boston’s Lockdown Extended Until Further Notice
“Boston will not reopen on May 4,” Mayor Martin Walsh said Monday at a briefing on progress in combating COVID-19.… Read more
Boston OKs Grocery Sales by Restaurants
Barred by stay-at-home orders from serving sit-down customers, restaurants in Boston may sell grocery items via delivery, curbside pickup and… Read more
Davis-Gemini JV Divests Durham MF for Nearly $66M
The Lodge at Croasdaile Farm, a 320-unit, garden-style and townhome apartment community in Durham, NC was acquired by Virginia-based RST… Read more
Boston’s Seaport Poised to Weather a Drop in Demand
Rents in Boston’s Seaport District stalled in the first quarter, similar to what transpired across the city, JLL reported. The… Read more
Kaplan Construction Wins National Excellence Awards
Kaplan Construction has been recognized by the Associated Builders and Contractors (ABC) with two national Excellence in Construction (EIC) Awards… Read more
Boston Issues Guidebook on Zero Emissions Buildings
The City of Boston Department of Neighborhood Development (DND) has released the first-ever guidebook for Zero Emissions Buildings (ZEBs) in… Read more
STAG Industrial Lines Up $300M Refi on Term Debt
Boston-based REIT STAG Industrial has refinanced $300 million of unsecured debt previously scheduled to mature within the next year. The two term loans… Read more
Carr Properties’ Paul Stromberg Joins Marcus Partners
Boston-based Marcus Partners has recruited Paul Stromberg to help lead an expansion in the Washington, D.C. metro area. As SVP of asset… Read more
Historic Tax Credits Help Fund Adaptive Reuse in North Brighton
Twain Financial Partners announced the investment of $1.6 million in federal historic tax credit equity for the historic renovation and adaptive reuse… Read more
Industrial Will Remain “Economic Bright Spot” for Boston
Despite the devastating health impacts of the COVID-19 pandemic, industrial demand is anticipated to be “an economic bright spot,” JLL… Read more
Walsh Looks Ahead to Restarting Boston Construction
Even as he reiterated that Boston’s pause on non-essential construction remains in effect, Mayor Martin Walsh said new safety guidelines… Read more