Massachusetts
Rockpoint, Urby Launch JV for 69-Story Residential Tower on Jersey City Waterfront
Rockpoint, a Boston-based real estate private equity firm, and Urby, a hospitality-driven multifamily developer, formed a joint venture to acquire… Read more
Suffolk Downs Opens Amphitheater That Doubles as Resiliency Feature
The HYM Investment Group LLC and the City of Revere held the official grand opening of The Amp at Suffolk Downs, a 600-person-capacity outdoor… Read more
Massachusetts House Okays Bill Allowing Residential on Church-Owned Land
The Massachusetts House of Representatives has voted to approve a bill that would allow churches, synagogues and other religious institutions… Read more
Northmarq Arranges Fannie Mae Financing for Lawrence Apartments
Northmarq’s Boston Debt + Equity team led by Kevin Sykes, Ed Riekstins anf Jeffrey Munoz arranged $22.855 million in acquisition financing for Elora Flats &… Read more
Galvanize Real Estate Makes First Boston-Area Acquisition with Three-Property Portfolio
Galvanize Real Estate (GRE), the sustainable real estate strategy of global asset manager Galvanize, has acquired the Liberty Logistics Portfolio,… Read more
WNC Closes Latest LIHTC Fund at $210M
WNC & Associates, Inc. has closed on WNC Institutional Tax Credit Fund 59, L.P., a $210-million national Low-Income Housing Tax… Read more
MassHousing Awards $15M Financing to Spur Three Mixed-Income Projects
The Healey-Driscoll Administration announced $15 million in Momentum Fund financing to advance three mixed-income housing developments that will create 192 new rental… Read more
Developers Close on Parcel for South Weymouth Naval Air Station Redevelopment
Redevelopment of the long-shuttered former South Weymouth Naval Air Station has taken a major step forward, with Washington Capital Management selling… Read more
Hometown Financial to Acquire New Hampshire Lender, Rebrand as TruNorth Bank
Easthampton, MA-based Hometown Financial Group, Inc., the holding company for bankESB, bankHometown, and TruNorth Bank, has entered into a merger… Read more
Caribbean Restaurant Concept Brings Everett’s Gateway Center to 100% Leased
Urban Edge Properties said Monday that New York-based Juici Patties, a fast-growing Caribbean restaurant concept, will open at Gateway Center in Everett,… Read more
Boston’s McCormack Federal Building Tagged for Possible Sale
Boston’s 727,000-square-foot John W. McCormack Building is among 26 federal properties being considered for sale nationally, the Public Buildings Reform… Read more
NorthBridge Secures $37M Construction Loan for Billerica Industrial
Cushman & Wakefield arranged a $37-million construction loan for the ground-up development of a two-building industrial park at 315 Treble… Read more
TEI Makes First Boston Office Acquisition with Deal for 230 Congress St.
Time Equities, Inc. (TEI) has acquired 230 Congress St. in Boston for $32.5 million. The 151,163-square-foot Art Deco building in the Financial… Read more
Berkeley Garbe Launches Spec Flex/R&D Project Along Route 3 Corridor
Boston-based real estate firm Berkeley Garbe, a joint venture of Berkeley Investments and Garbe, has begun construction on a 150,000-square-foot flex/R&D… Read more
Lincoln Property, J.P. Morgan Acquire 962K-SF Wakefield Office Campus
Lincoln Property Company, in partnership with investors advised by J.P. Morgan Asset Management, closed on the acquisition of The Edge, a 962,000-square-foot… Read more
Natick Retail Offers “Strong Long-Term Opportunity” to New Owner
ABG Commercial Realty arranged the sale of a 20,300-square-foot retail property located at 321 Worcester St. (Route 9 West) in Natick,… Read more
POAH, Dorchester Bay EDC Break Ground on Mixed-Use Affordable
Preservation of Affordable Housing (POAH) and Dorchester Bay Economic Development Corporation (DBEDC) have broken ground for Columbia Crossing, a mixed-use… Read more
Midwood Files New Plans for One Bromfield Site in Downtown Crossing
Eighteen years after first proposing a tower at One Bromfield St. in Boston’s Downtown Crossing neighborhood, developer Midwood Investment &… Read more
VulcanForms Plans $1.3B Plant in Devens to Scale Up Manufacturing Capacity
Advanced metals manufacturer VulcanForms will build its third Massachusetts plant in Devens at a reported cost of $1.3 billion. The… Read more