News: Owners Developers & Managers

AvalonBay raises final beam on Avalon Exeter

AvalonBay raised the final beam on the Avalon Exeter on September 11th. Joined by vice president of development, Michael Roberts and David Gillespie, construction workers signed the last I-beam placed at the top of the project. The $100 million Avalon Exeter marks the completion of AvalonBay's first luxury apartment development in the city at the Prudential Center. The 28-story sustainable development designed by Elkus Manfredi Architects will have 187 residential units, consisting of studio, one, two, and three bedroom apartment homes.
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WinnCompanies acquires 290-unit housing property - begins $41.5 million rehabilitation

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.
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Columns and Thought Leadership
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
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
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
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