Massachusetts
Construction Financing Arranged for Boston-Area Transit Oriented MF
Braintree, MA-based John M. Corcoran & Co. secured $43.6 million in construction financing for The Commons at Walpole Station in… Read more
Boston Properties Acquiring Santa Monica Asset from Blackstone for $616M
Boston-based Boston Properties entered into an agreement to acquire Santa Monica Business Park, a 1.2-million-square-foot office park located in Santa Monica, CA,… Read more
$65M Suburban Phoenix MF Asset Sale Closed by IPA
The Met at Fashion Center, a three-building, 303-unit multifamily investment property in Chandler, AZ, has sold for $64.8 million, which… Read more
Invesco Claims Cambridge, MA Life Science Campus
The Quad, a transitioning life science campus located in Cambridge, MA, has been sold. HFF arranged the sale on behalf… Read more
U.S. Construction Costs Are Rising
Comparing the first quarter of 2017 to 2018, construction costs are going up. According to a report published by Rider Levett… Read more
Greenest States: California Ranks 9th Nationally
Earth Day is just around the corner on April 22, and many economies around the U.S. are still recovering from… Read more
Life Science Startup Platform Planned at Cambridge’s Alexandria Center
Pasadena, CA-based Alexandria Real Estate Equities, Inc. plans to expand Alexandria LaunchLabs into the thriving East Cambridge life science ecosystem of Boston.… Read more
Boston-based REIT Adds Two Suburban Industrial Assets
Plymouth Industrial REIT, headquartered in Boston, has acquired two single-tenant class B Chicagoland industrial buildings totaling 270,000 square feet for… Read more
NKF Represents Slalom in Boston Consolidation
Business and technology consulting firm Slalom, headquartered in Seattle, is relocating and consolidating its Boston offices. NKF’s Jason Cameron, Jim… Read more
How Millennials Drive Tomorrow’s Real Estate Trends
As Millennials in the U.S. settle into their 20s and 30s, affordable mid-sized tech hub cities, select city-center neighborhoods and… Read more
Mortgage Rates Drive Declines in Freddie Mac’s MF Investment Market Index
Significant increases in mortgage rates drove declines in the Freddie Mac Multifamily Apartment Investment Market Index (AIMI) across most U.S. markets for the… Read more
NKF Establishes Corporate Capital Markets Practice with New Boston Team
NKF Capital Markets established a new team in Boston with the formation of the Corporate Capital Markets Practice Group (CCM).… Read more
Most US Warehouses Inadequate for E-Commerce Distribution
Momentum for additional construction of U.S. warehouses is not likely to wane, because the vast majority of the country’s warehouse… Read more
D’Amato, Coyne Join Walker & Dunlop from JLL
Walker & Dunlop added a pair of multifamily investment experts to its sales team in Boston. Michael Coyne (pictured above… Read more
Hines Divests Cambridge MF to German Investors
Fuse Cambridge, a 244-unit Class A apartment community located on Cambridgepark Drive in Cambridge, MA, has traded hands. An entity… Read more
Q&A with Lendlease’s Melissa Burch: Upside and Challenges in NYC Development
The headwinds facing developers in New York City are comparable to what Lendlease is seeing in other global gateway markets… Read more
Dallas Investor Picks Up Boston-Area Industrial Portfolio
Dallas-based L&B Realty Advisors, LLP acquired a two-building industrial portfolio in suburban Boston on behalf of an institutional client from… Read more
Federal Tax Reform Package to Provide Boost in California
The recently-enacted federal Tax Cuts and Jobs Act reform legislation is expected to drive interest in knowledge-center markets, spur investment… Read more
What Are Comparative Costs to Build Out Office Space Today?
Construction costs rose 3% through 2017 and are expected to follow suit heading into 2018 and beyond, predicts JLL in… Read more