Massachusetts
Beth Israel Lahey Health Secures $400M Tax-Exempt Bond from MassDevelopment
MassDevelopment has issued a $400 million tax-exempt bond for Beth Israel Lahey Health, Inc. (BILH), supporting facility improvements and electronic… Read more
MassHousing, MHIC Open Equitable Developers Fund
MassHousing and the Massachusetts Housing Investment Corporation (MHIC) have opened funding applications for the Equitable Developers Fund (EDF), a $50… Read more
CBRE Arranges Sale of Malden 195-Unit Apt
Halstead Malden Square, a 195-unit, 100% market-rate apartment community in Malden, MA., has been sold. Representing the seller, an affiliate… Read more
Back Bay Mixed-Use Building Trades for $39M
The Ferrado Group, a Spanish real estate investment firm with offices in Newport Beach, California, has acquired a Back Bay… Read more
City Realty Acquires Brookline 5.34 Acre Property for $41M
City Realty Group has acquired 1280-1330 Boylston Street in Brookline, MA for $41 million. This 5.34-acre site is currently home… Read more
Synergy Launches Event Space in Worcester
Synergy has launched Top of the Tower, an event space on the top two floors of Worcester’s Glass Tower at… Read more
Encore Boston Expansion Suspended Due to Impasse
The expansion of the Encore Boston Harbor casino in Everett has been suspended due to disagreements between the casino and the city… Read more
MacKenzie Opens New Charlottesville Office
The MacKenzie Companies has expanded into central Virginia with a new Charlottesville office, led by Sam P. Orr, formerly of Boston Properties.… Read more
Global CRE Pricing Continues to Slip in Q1
Global commercial real estate pricing continued to fall in the first quarter of 2024 as deal activity remained sluggish across… Read more
Pinnacle Bank Takes Back Distressed Arlington Office Park
The investor of a four-building business Park in Arlington has lost that investment, to the bank that had the loan… Read more
RentCafe Says Adaptive Reuse on the Rise, YoY Growth is 17%
A recent article from RentCafe reported that adaptive reuse projects gained steam in 2023. Specifically, 17.6% more apartments were converted… Read more
Boston Industrial Sublease Availabilities at 10-Year High
Vacancies in the Boston metro industrial market are rising but remain below historical averages, according to Colliers’ Q1 Boston Industrial… Read more
Boston Financial Appoints Robert Golden CEO
Boston Financial, a syndicator of U.S. Low-Income Housing Tax Credits (LIHTC), has appointed Robert “Rob” Golden as its CEO, effective… Read more
Chicago Ranks as a Top 10 U.S. Life Sciences Market
Although Chicago’s overall life-sciences market still lags some of the big players in the country such as San Francisco and… Read more
Equity Residential Buys Weymouth MF Property for $63M
Equity Residential has acquired the 160-unit Helix Apartments in Weymouth, Massachusetts., a redevelopment of the former Boston Motel site, from… Read more
Boston Proposes New Regulations to Achieve “Net Zero”
The Boston Planning and Development Agency is proposing new regulations for larger buildings to achieve “net zero” carbon emissions from their opening, reviving a… Read more
Pacific Urban Picks 412-Unit Perimeter Project
Pacific Urban Investors has bought the 412-unit Mount Vernon Flats at the Perimeter in Atlanta for $102.5 million. The complex… Read more
Newmark Arranges $39M Sale of Back Bay MXU
Newmark’s Boston Capital Markets Group has facilitated the $39.1 million sale of 801 Boylston Street in Boston’s Back Bay. The five-story mixed-use building,… Read more
WeWork Files to Assume 16 Leases Across US, Canada
WeWork is planning to save more locations as it emerges from its Chapter 11 proceedings. With a recent injection of $450 million,… Read more