Saturday, November 23, 2024

New England region

New England region includes: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.

Stevens Pond

CBRE Arranges Sale of 326-Unit Apartment Community The Residences at Stevens Pond in Saugus...

Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler announced the sale of The Residences at Stevens Pond, a 326-unit apartment community located in Saugus, Massachusetts. CBRE exclusively represented...
Kent Village

Peabody Properties Continues Expansion of Portfolio with Kent Village in Scituate Massachusetts

Peabody Properties, an affiliate of The Peabody Companies, a group of award-winning property management and real estate firms headquartered in Braintree, Massachusetts, continues to expand its portfolio of managed communities with the addition of...
Prospect Estates

Affordable Housing and Services Collaborative, Inc. Nears Completion of 25-Unit Affordable Housing Project Prospect...

Affordable Housing and Services Collaborative, Inc. (AHSC), a nonprofit organization that owns and develops affordable rental communities, announces its near completion of Prospect Estates in Webster, Massachusetts, a 25-unit affordable housing community that is...
The Batch Yard

LCOR Acquires 328-Unit Multifamily Property The Batch Yard North of Boston

New York City-based LCOR has acquired The Batch Yard, a 328-unit residential community located in Everett, Massachusetts near Boston for an undisclosed sum. The Batch Yard is an elevator-serviced mid-rise apartment community which features studio...
Boston University

Boston University Plans the Development of a 236-Unit Apartment Building Near the Campus Convention...

The Boston Planning and Development Agency’s board has approved Boston University’s real estate plan for its Charles River campus through 2026. The changes to Warren Towers, BU’s signature dormitories, include improved bathrooms and HVAC systems...
Canfield Park at Fairfield Metro

IPA Capital Markets Arranges $110M in Agency Financing and Joint Venture Partnership for Connecticut...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, specializing in capital markets services for major private and institutional clients has secured $110 million in joint venture equity and agency financing for the...
Former Salem School Buildings

MassHousing Has Closed on $22M in Financing for the Redevelopment of Two Former Salem...

MassHousing Has Closed on $22 Million in Financing for the Redevelopment of Two Former Salem School Buildings into 61 New Affordable Rental Homes North Shore Community Development Coalition will develop the new housing on...
$170M National Multi-Investor Fund

Boston Financial Closes $170M National Multi-Investor Fund

Boston Financial, the largest syndicator of U.S. Low-Income Housing Tax Credits (“LIHTC”) with a portfolio of over $16 billion in assets under management, today announced the closing of Boston Financial Institutional Tax Credits 60...
Columbia Uphams Apartments

MassHousing and City of Boston Announce Closing of Financing for the Consolidation and Renovation...

MassHousing and the City of Boston announced the closing of financing to Affordable Housing and Services Collaborative, Inc. (AHSC) for the consolidation and renovation of two Boston affordable housing communities, Columbia Uphams Apartments and...
Stricter land-use regulations force builders to spread their efforts over a large number of relatively small projects, limiting the number of homes they’re able to build. This, in turn, limits their ability to invest in better homebuilding technology or otherwise take advantage of economies of scale.

Is land-use regulation holding back construction productivity?

Ed Glaeser is perhaps the pre-eminent urban economist working today, and I’ve cited his work repeatedly when looking at land-use restrictions and burdens on new development. So I was very interested to see he’s coauthored...
Concord Royal Gardens

The BLVD Group Breaks Ground on 300-Unit Affordable Housing Redevelopment of Concord Royal Gardens...

The BLVD Group ("BLVD"), a leading developer and owner of affordable housing, is pleased to announce the $97 million acquisition and planned renovation of Concord Royal Gardens, a 300-unit affordable housing community in Concord,...
Franklin Street

Griffith Pepdjonovic Group of Marcus & Millichap Arranges $2.75M Multifamily Sale on Franklin Street...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 7-unit multifamily property at 200-206 Franklin Street in Cambridge, Massachusetts,...
Leyland Community

43-Unit Affordable Senior Housing Leyland Community Opens In Boston’s Dorchester Neighborhood

Hebrew SeniorLife, along with partner Dorchester Bay Economic Development Corporation, celebrated the opening of its newest community, Leyland Community, with a ribbon-cutting celebration at the Dorchester location. The Upham's Corner community offers 43 senior apartments...
Fireman Community

Simon C. Fireman Community Cuts the Ribbon on 45 New Affordable Apartments South of...

Harvard Medical School affiliate Hebrew SeniorLife, New England's largest nonprofit provider of senior health care and living communities, celebrated its 45-apartment expansion of the Simon C. Fireman Community with a ribbon-cutting ceremony featuring speakers...
Bell Shrewsbury

Bell Partners Acquires Shrewsbury Massachusetts Apartment Community Bell Shrewsbury via Value-Add Fund

Bell Partners, among the nation’s largest apartment investment and management companies, announces that it has acquired Quinn35, to be renamed Bell Shrewsbury, a community containing 250 apartment homes and located in Shrewsbury, Massachusetts. The terms...
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