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Newmark arranges $143 million refinancing for 849-unit The Fairways in Derry, NH
August 8, 2025
Derry, NH Newmark has arranged a $143.1 million financing loan for The Fairways, an 849-unit class B apartment complex located at 1 Forest Ridge Rd. Vice chairman Ed Belz arranged the funding on behalf of landlord Makor Capital (Makor), a multifamily owner with numerous assets throughout New Hampshire and Massachusetts.
Sullivan & Sullivan Auctioneers to auction off The Linden, a 70-unit complex located at 199 Gardner...
August 1, 2025
West Roxbury MA Sullivan & Sullivan Auctioneers, LLC has a rare investment opportunity: the public foreclosure auction of The Linden, a brand-new, nearly completed 70-unit apartment complex located at 199 Gardner St. This asset will be offered at public auction on-site on Wednesday, August 13, 2025, at 12:00 PM.
Nahigian to speak at NAR Global C5 Summit in Chicago on automation and evolution with logistics man...
August 8, 2025
>Chicago, IL Rob Nahigian, SIOR of Auburndale Realty Co. has been invited by NAR Commercial to speak at the NAR C5 Global Summit on Wednesday, Sept. 17, in Chicago at the Hilton Hotel Chicago. NAR Commercial invited Nahigian again as an SIOR and based on his highly received presentation last year at the September Hollywood, FL Summit.
Brown Harris Stevens relocates
office to 1177 High Ridge Rd.
August 8, 2025
Stamford, CT Brown Harris Stevens is beginning a new chapter for its local office. After 16 successful years at 1099 High Ridge Rd., the firm will be relocating to a temporary space at 1177 High Ridge Rd., with plans to expand to a new location
Minerva Biotechnologies signs
13,000 s/f lease at Cummings Park
August 8, 2025
Woburn, MA Minerva Biotechnologies has signed a lease for a 13,000 s/f lab and office suite and will expand from Waltham to a newly renovated lab facility at Cummings Park. The clinical-stage company is developing revolutionary therapeutics to treat and prevent cancers.
John M. Corcoran and Company begins leasing tours of The Devon at Weiss Farm
August 8, 2025
Stoneham, MA John M. Corcoran and Company has begun hard hat leasing tours for the first homes at The Devon at Weiss Farm, a 259-unit multifamily LEED Silver rated project, located on a 25-acre site. This phase includes 12 townhomes, a 5,000 s/f clubhouse
Kelleher & Sadowsky arranges 24,702 s/f lease to J.F. White
August 8, 2025
Framingham, MA Kelleher & Sadowsky Associates has arranged a long-term, 24,702 s/f office lease on behalf of Paradigm Properties and North Colony Asset Management with J.F. White Contracting Company at 111 Speen St.
PROCON celebrates opening of Foundation Armor’s new 25,000 s/f facility in Amherst, NH
August 8, 2025
Amherst, NH Foundation Armor, a leading manufacturer of premium concrete sealers and coatings, held the grand opening of its new headquarters and warehouse facility. The milestone was commemorated with a ribbon-cutting ceremony on Thursday, July 17, celebrating the company’s continued growth and commitment to excellence
Project of the Month: Groom Construction completes
new 18,049 s/f residential facility for youth...
August 1, 2025
Salem, MA Groom Construction Co., Inc. recently celebrated the ribbon cutting for a new residential facility at Plummer Youth Promise - a transformative project designed to support youth in foster care and strengthen families.
IFMA update: Registration now open for Fall Golf Classic
August 1, 2025
Interested in joining us at the upcoming Fall Golf Classic at Granite Links? Registration is now open for the IFMA Boston Fall Golf Classic at Granite Links in Quincy on September 29th and so is the Golf Clinic!
CAI meets with FHFA leaders: Condo lending eligibility concerns discussed
August 1, 2025
On July 17, CAI’s Government and Public Affairs team met with leadership within the Federal Housing Finance Agency (FHFA) to share urgent concerns and specific policy recommendations to modernize condominium lending eligibility requirements administered by Fannie Mae and Freddie Mac.
IREM President’s Message: Housing with Heart - Meeting the deeper needs of vulnerable residents
August 1, 2025
Driven by a growing awareness of the complexities of homelessness, veterans’ issues, substance abuse, and mental health challenges, there has been a significant rise in supportive services within the multi-family affordable housing industry in recent years.
Transforming a struggling asset into a thriving community - by Andrew Hayward
August 1, 2025
Prospect Estates is a 25-unit affordable housing community in Webster, Mass., developed to address the region’s need for affordable housing and to revitalize a financially struggling property. The property, which once housed two schools, had faced significant issues such as physical deterioration and compliance concerns, requiring both financial repositioning and extensive corrective efforts from management and ownership
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Ha...
August 1, 2025
A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.
WinnCompanies celebrates opening of $85m project in New Britain, CT
August 1, 2025
New Britain, CT Connecticut governor Ned Lamont and mayor Erin Stewart joined WinnCompanies executives as state and city officials celebrated the opening of an $85 million project that transformed an historic long-vacant manufacturing complex near downtown into 154 apartments of affordable housing.
SMART 3.0 and Federal Incentives: What to know - by Matt Shortsleeve
August 1, 2025
On June 20th, 2025, the Massachusetts Department of Energy Resources (DOER) filed emergency regulations launching SMART 3.0 (20 M.G.L. 28.00). This next phase of the state’s solar incentive program arrives at a critical time: Massachusetts has slipped from a top-five solar state to 26th in new installations, and nearly 400 megawatts (MW) of projects
VHB, Inc. selected to lead joint base Cape Cod master plan
August 1, 2025
Sandwich, MA MassDevelopment has sleected VHB, Inc., to lead a team of consultants to support the development of a master plan for the 7,000-acre cantonment area at Joint Base Cape Cod (JBCC) that will identify current and future spatial needs of the base and plan for the redevelopment of any surplus property.
Alchemy Station joins Allston Labworks
August 1, 2025
Allston, MA Alchemy Station, a certified women-owned art consulting firm and creative studio, has joined the Allston Labworks campus at 280 Western Ave. In addition to establishing their new office, Alchemy Station will oversee two dedicated artist studios next door as part of the development’s artists-in-residence program.
Bria begins preleasing at 140-unit
Vesa - scheduled to open September
August 1, 2025
Marlborough, MA According to Bria, a fourth-generation property management firm focused on class A multifamily assets, Vesa, a luxury multifamily development is now available for preleasing. The 140-unit building is scheduled to open to residents in September.