News: Owners Developers & Managers

Diamond launches IGNITION Residential

Merrill Diamond, a principal of Diamond Sinacori, has launched a multi-family marketing company with the two principals of Charlesgate Realty Group, Michael DiMella and P.T. Vineburgh. The name of the new firm is IGNITION Residential. IGNITION Residential is focused on the branding, re-branding, marketing, sales and rentals for both new and existing multi-family projects. The firm intends to focus in both the city and in the suburbs to the north, west and south. "We think that the timing is great for a marketing company that combines my three decades of marketing multi-family residences in conjunction with the brokerage, sales experience and innovative technological expertise of Charlesgate Realty. We are focusing our efforts on both multifamily apartment and condominium developments, since both are undergoing a sea-change in the way these types of residential projects are, and will be marketed in the future. With Charlesgate being generally recognized as a pioneer in the area of web-based marketing, we offer a truly holistic and comprehensive approach to residential marketing." Diamond Sinacori has marketed its own developments since its founding in 1978, perhaps most notably, The Waterworks at Chestnut Hill. Its development projects will now be marketed by IGNITION Residential, inclusive of Charing Cross, a new 57 unit residential project in Boston. Charlesgate Realty Group, founded in 2003 and located in Boston's Back Bay, has grown into one of the most successful real estate brokerages in the Boston area. They will continue with their core business: condominium/home sales, leasing brokerage and property management throughout Greater Boston, with larger projects falling within the portfolio of the new firm. "We are excited at the opportunity to team up with someone like Merrill who has a successful track record in the marketing of multi-family properties. His architectural, development and marketing background -- compounded with our own brokerage success which is predicated upon technology, lead generation and analytics-based principles -- will create the foundation for fresh, innovative ways to market new and existing multi-family properties," said P.T. Vineburgh.
MORE FROM Owners Developers & Managers

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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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

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,
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
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