News: Owners Developers & Managers

Abbot Building completes $250,000 project at Eastern Nazarene College

Abbot Building Restoration Company, Inc., Boston, recently completed a major restoration of the masonry entrance to the library at Eastern Nazarene College. Contracted by Early Day Construction, Inc. of Nashua, N.H., Abbot conducted a complete demolition of the old entrance, and installed new brick columns and walls, granite caps, and granite stairs. The project was based on the design of Silverman Trykowski Associates, a professional architectural firm (Boston, Mass.) The scope of the project, valued at approximately $250,000, was as follows: *Demolition of the entire walkway, stairs, and brick columns *Installation of new brick walls and columns *Installation of granite caps and stairs *Installation of all related flashings *Reinstall and repaint wrought iron railings *Provide new electrical conduit for outside lighting *Installation of new lanterns on granite caps According to Carolann Constant, project manager for Early Day Construction, "Abbott did an outstanding job in a very timely manner. Their attention to detail and service was greatly appreciated and makes them a great subcontractor to work with."
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Barnat Development begins work on Phase II of Holmes Beverly - construction led by NEI General Contracting

Beverly, MA Barnat Development has begun construction on Holmes Beverly Phase II, adding 52 apartment homes adjacent to the existing development near the Beverly Depot MBTA commuter rail station. The project is financed through the newly launched Holmes Opportunity Zone Fund, focused on investing in new multifamily construction projects across New England. $10 million of Holmes OZ Fund equity is paired with $21 million in long-term
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Columns and Thought Leadership
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant