Chicopee, MA WinnCompanies has acquired a 290-unit affordable housing property in western Massachusetts in a deal that renews the community’s expiring affordability protections and kicks off a $41.5 million rehabilitation to address significant deferred maintenance.
Boston, MA MassDevelopment, Nuveen Green Capital, and Millennium Partners have finalized $281 million in private financing for the Millennium Residences at Winthrop Center in downtown under the state’s Property Assessed Clean Energy (PACE) Massachusetts program. This project represents the largest commercial PACE financing to date in New England.
South Boston, MA Breakthrough Properties, a premier global life science real estate developer, has finalized the sale of its 232 A St. development site to P&G Gillette, following Gillette’s previously announced plans to establish its new Grooming Headquarters and Technical Innovation Center at the site.
Cambridge, MA Abbot Building Restoration Company, Inc. has completed the first phase of a complex masonry restoration and repair project at the Cambridge Courtyard condominiums located in Central Sq. The property consists of two brick and stone mixed-use buildings with a recessed courtyard in the middle.
Innovation in commercial real estate comes in many forms—from new technology and smarter processes to creative problem-solving, stronger collaboration and forward-thinking leadership. Publishing August 28, NEREJ's latest Ones to Watch: Innovators in Commercial Real Estate spotlight recognizes the individuals, teams and companies helping shape the future of our industry.
Stoneham, MA According to Sullivan & Sullivan Auctioneers, the auction firm will bring a rare, bulk purchase opportunity to investors via an absolute auction of 14 Class A office condominiums off I-93 near Spot Pond. The combined offering totals 21,083 s/f with 14 individual units ranging in size from roughly 4,063 s/f to 485 s/f within two interconnected buildings. The space is approved for medical, professional office, and general office, among other uses.
Holliston, MA For the Wayne J. Griffin Electric, Inc. (Griffin Electric) team, “Work with the Best. Be the Best” means surrounding itself with the very best people in order to deliver the best results. A leading electrical subcontractor throughout New England and the Southeast for nearly five decades, the company does whatever it can to continually build
Northborough, MA According to Maugel DeStefano Architects, design is underway for the restoration of the historic White Cliffs Mansion. Developed by Brookfield, CT-based Elegant Banquets, the mansion was originally constructed in 1886 as the summer estate of industrialist Daniel B. Wesson.
Danvers, MA JLL Capital Markets arranged the $13.5 million sale and financing of the 96-room Residence Inn Boston North Shore/Danvers, an extended-stay hotel with approved conversion rights to an 88-unit multifamily residential community. The property is located at 51 Newbury St., 20 miles north of Boston.
Woburn, MA Twenty-eight local students are wrapping up a summer of learning, building, and problem-solving at Cummings Properties, where paid seasonal positions provide hands-on experience in commercial real estate and its many related professions.
In our first white paper we defined what value engineering (VE) is; to recap – Value Engineering is an additional layer of cost analysis that the construction manager can perform to arrive at an improved functionality-to-cost ratio, without sacrificing quality.
When Boston was selected as a host city for FIFA World Cup 26, expectations for the region’s lodging market were enormous. Hotels prepared for what many believed would be one of the largest demand events in the city’s history.
This article explains why Delaware Statutory Trust (DST) investors may report taxable income that exceeds their actual cash distributions – a concept that mirrors decades of standard practice in direct commercial real estate ownership.
For some context, I quit a perfectly good salary-and-benefits job with roughly $500 to my name. Looking back, it was either incredibly brave or one of the worst financial decisions of my life. Fortunately, it worked out. Remember, I have a real estate license now in addition to that $500, and I was now working as a rental agent in Newton Centre.
A career in property management is much more than overseeing buildings; it’s also about shaping communities, elevating living experiences, and creating environments where people can
>In today’s industrial market, land value is defined not only by location, but by how effectively a site can support current and future development and operations. Across New England, developers, owners, and tenants face unique challenges including limited available land, aging infrastructure, utility constraints, complex entitlement processes, and increasing pressure to maximize every acre.