Massachusetts
CMBS Distress Rate Rises for Top 20 SMSAs
The distress rate for CMBS loans across the 20 largest markets in August was 7.2%, slightly above the national CMBS… Read more
Eversource Energy Sells Offshore Lease for $625M
Eversource Energy has closed the sale of an uncommitted lease area of approximately 175,000 developable acres located 25 miles off… Read more
MHIC, CLF Finance 47 Lower Roxbury Affordable Condos
The Healthy Neighborhoods Equity Fund II, managed by Massachusetts Housing Investment Corporation and Conservation Law Foundation, will finance the Northampton… Read more
Skanska Completes $256M Belmont School Renovation
Skanska has completed the $256 million construction and renovation project for the Belmont Middle and High School in Belmont, Massachusetts.… Read more
$15M MassHousing Refi for Boston Senior Housing
MassHousing has closed a $14.5 million deal with Rogerson Communities to extend the affordability of the 76-unit Farnsworth House senior… Read more
JLL Nabs Star Broker Robert Richards From C&W
Industry veteran Robert Richards is joining the JLL from Cushman & Wakefield as a senior managing director in its New… Read more
12-Unit Jackson Square Apartments Sold for $5M
A 12-unit apartment property in Boston was sold for $5.35 million. The buyer is an unidentified individual/personal trust. Located at… Read more
SCB Architects to Move HQ to Historic Downtown Tower
Design firm Solomon Cordwell Buenz (SCB), a Chicago architecture, interior design, and planning practice, is looking to relocate its headquarters… Read more
Tucson’s Canyon Ranch Calls On VICI for Refi
VICI is known in Las Vegas. It has a piece of 49 casinos, including Caesar’s Palace Las Vegas, MGM Grand… Read more
Boston Life Sciences Cools But Still Oversupplied
In recent years, life sciences developments have accounted for more than one-in-four new office construction projects in the United States,… Read more
Stuf Self-Storage Expands to Atlanta’s West Midtown
Self-storage startup Stuf has grown its national tech-enabled network into the southeast with a new Atlanta location. The company also… Read more
Boston International Trade Volume Increases
After hitting nearly record lows in 2022, Boston’s Conley Terminal port is witnessing a significant surge in import/export volume, measured… Read more
Cambridge School Property Hits Market
The former Matignon High School property in Cambridge is listed for sale. Located at 1 Matignon Road, the property, consisting… Read more
Examining the COVID-19 Population Migration
According to an August 2022 report issued by Brookings, “domestic out-migration . . . exerted an outsized demographic impact on… Read more
Boston’s First Office Trade Since ’22
Azora Exan Capital has purchased 7 Post Office Square, a seven-story, 64,246-square-foot office building in Boston’s Financial District, from Nuveen… Read more
Skanska Closes Two Campus Renovation Projects
Skanska recently completed two campus renovation projects in the Boston region. At Boston College, Skanska undertook a $1.5 million… Read more
Trammell Crow Residential to Develop Waltham Luxury MF Community
Trammell Crow Residential, the multifamily development arm of Crow Holdings, has finalized its construction loan to initiate the construction of… Read more
Proposed Boston Biotech Development Hits Market
Gibson Sotheby’s International Realty is presenting a 1.3-acre transit-oriented parcel on Boston Avenue in Medford as an opportunity for R&D,… Read more
BGO Rolls Out Network of Prebuilt Offices Across U.S. Portfolio
Global real estate investment management advisor BGO said Tuesday it had launched MIRO (Move-in Ready Offices) to provide small- and… Read more