News: Owners Developers & Managers

O'Neill of Grossman Cos. arranges 1,000 s/f lease to IREM Boston

The Institute of Real Estate Management (IREM) has leased 1,000 s/f at 50 Redfield St. in the Neponset section of the city for the trade group's Boston Metropolitan Chapter No. 4 offices. Frank O'Neill, broker with The Grossman Companies, Inc., of Quincy, is exclusive agent for the property and represented both IREM and the landlord, PF Redfield LLC, in lease negotiations. IREM is relocating from downtown Quincy. Kelley Hannon, IREM chapter administrator, said, "We chose the site because of the quality of the building and its excellent location that is easily accessible by our members." IREM has provided education, resources, and credentialing for real estate management professionals for over 75 years. An affiliate of the National Association of Realtors, IREM has 80 U.S. chapters, 10 international chapters and several other partnerships around the globe. It also serves as an advocate on issues affecting the real estate management industry. With views of Boston Harbor, the building is located near exit 12 off the Southeast Expressway (Rte. 3/93). The highly visible property has ample parking including covered garage space. The building has DSL and T1 services available.
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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
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
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
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