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JCJ Architecture appoints Celella as president; Goldstein is named chief operating officer

JCJ Architecture appoints Celella as president; Goldstein is named chief operating officer

July 18, 2025
Hartford, CT JCJ Architecture has completed a leadership transition at the senior executive levels of the firm. After more than 37 years with JCJ, including over two decades in the role of president, Peter Stevens, LEED AP, transitioned to principal/president emeritus, effective June 30th.
Finegold Alexander Architects breaks ground on <br>$46.1 million Jones Public Library expansion project

Finegold Alexander Architects breaks ground on
$46.1 million Jones Public Library expansion proj...

July 18, 2025
Amherst, MA Finegold Alexander Architects celebrated the groundbreaking for the Jones Public Library on June 18th. The ceremony included speeches from U.S. representative Jim McGovern, Austin Sarat, president of the Jones Library Board of Trustees, Lynn Griesemer, president of the Amherst town council, Anika Lopes, founder and director of the Ancestral Bridges Foundation,
Atlantic Property Management awarded office<br> management contract for 375/395 Longwood Avenue

Atlantic Property Management awarded office
management contract for 375/395 Longwood Avenue

August 1, 2025
Boston, MA Atlantic Property Management, a boutique property management company part of Atlantic Retail, has been selected to manage 375/395 Longwood Avenue, an office property located in Boston’s Longwood Medical
North Shore Realty Advisors completes sale of 257 Washington Avenue

North Shore Realty Advisors completes sale of 257 Washington Avenue

July 9, 2025
Revere, MA North Shore Realty Advisors, Inc has completed the sale of The Washington Apartments located at 257 Washington Avenue. The Washington Apartments was constructed in 2023 which is a 3-story elevator serviced luxury apartment community consisting
H2M architects + engineers wins international charity competition

H2M architects + engineers wins international charity competition

July 4, 2025
Melville, NY Northeast consulting and design firm H2M architects + engineers recently won the 2024 Canstruction International Competition in the category of Best Original Design
Grove Property Group announces off-market sale of South <br>Boston mixed-use brick asset at 377 West Broadway

Grove Property Group announces off-market sale of South
Boston mixed-use brick asset at 377 West...

July 8, 2025
Boston, MA Grove Property Group has completed the successful off-market sale of 377 West Broadway in South Boston, a fully turn-key, brick mixed-use building totaling 17,088 s/f. The property features two ground-floor commercial units and eleven
Don’t miss a moment: REFA’s summer scene

Don’t miss a moment: REFA’s summer scene

July 11, 2025
Amidst the recent interest rate volatility, Matthew Fazio and Michael Roper, managing directors with Kensington Capital Advisors, provided an introduction to interest rate hedging and derivative products on June 3rd. The webinar discussed the current underlying economic conditions that are creating the recent interest rate volatility and reviewed the derivative products available to actively manage that interest rate risk.
Interest rate redux: Yet another factor - by Daniel Calano

Interest rate redux: Yet another factor - by Daniel Calano

July 11, 2025
Last month, I wrote about the basic factors that kept interest rates high, and thus building or buying houses, as well as commercial projects, difficult to pursue. Factors included the Fed, bank, fears of inflation, wars, etc. It is complicated. Give it a read.
Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challen...

July 11, 2025
The Connecticut hospitality market has demonstrated uneven recovery patterns between 2019 and 2025, with boutique and historic properties achieving $125 RevPAR in 2025, up 8.7% from the 2019 level. Coastal resort properties achieved a $105 RevPAR in 2025, representing 10.5% growth since 2019.
JLL secures $92 million in financing for <br>Fordham Park Robotic and Logistics site

JLL secures $92 million in financing for
Fordham Park Robotic and Logistics site

July 11, 2025
Wilmington, MA JLL Capital Markets secured $92 million in financing for Fordham Park Robotic and Logistics Campus, a three-building robotics, R&D and distribution park.
Marcus & Millichap arranges $18.7m <br>financing for three multifamily properties

Marcus & Millichap arranges $18.7m
financing for three multifamily properties

July 11, 2025
Worcester, MA Marcus & Millichap Capital Corp. (MMCC) arranged $18.65 million in financing for three multifamily properties located in Worcester, Framingham and Waltham. Robert Damigella, managing director in MMCC’s Boston office,
Rodolfy joins Eastern Bank as sr. vice president, commercial real estate relationship manager

Rodolfy joins Eastern Bank as sr. vice president, commercial real estate relationship manager

July 11, 2025
Boston, MA Eastern Bank welcomes Joseph Rodolfy as a senior vice president, commercial real estate relationship manager. Rodolfy brings over 13 years of banking experience with a focus on commercial real estate and credit analysis.
MassDevelopment issues $6 million tax-exempt bond for Plummer Youth Promise project

MassDevelopment issues $6 million tax-exempt bond for Plummer Youth Promise project

July 11, 2025
Salem, MA MassDevelopment has issued a $6 million tax-exempt bond on behalf of Plummer Youth Promise, Inc., a nonprofit human services provider that seeks to improve outcomes for young people in or at risk of entering state foster care.
Cambridge Savings Bank opens new branch at 734 Dudley St. in Dorchester, MA

Cambridge Savings Bank opens new branch at 734 Dudley St. in Dorchester, MA

July 11, 2025
Dorchester, MA Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and $7 billion in assets, has opened its newest branch. The official opening of the new branch at 734 Dudley St. marks the bank’s expansion to 19 physical locations across the region.
Preservation of Affordable Housing secures $23.5 million <br>in financing from Rockland Trust and Citizens Bank

Preservation of Affordable Housing secures $23.5 million
in financing from Rockland Trust and Ci...

July 11, 2025
Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
Nahigian attends and speaks at NAR Legislative Meetings  and attends Harvard Club Real Estate Alumni reception

Nahigian attends and speaks at NAR Legislative Meetings and attends Harvard Club Real Estate Alumni...

July 11, 2025
Boston, MA Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co., was invited and attended the NAR Realtors Legislative Meetings held at the Walter Washington Convention Center in Washington DC on June 2-3, 2025 as a member of the NAR Professional Development Committee.
Construction begins on another successful Rhode Island Ready project - by Steven J. King

Construction begins on another successful Rhode Island Ready project - by Steven J. King

July 11, 2025
In a state where land zoned for industrial use is at a premium, Rhode Island is proving that smart, strategic investment can unlock new potential from long-dormant properties. For years, the industrial site at 1 Moshassuck St. in Pawtucket, sat vacant. However,
Ellie Mental Health inks three<br> leases with Cummings in one year

Ellie Mental Health inks three
leases with Cummings in one year

July 11, 2025
Woburn, MA National therapy provider Ellie Mental Health (Ellie) is charting a course for rapid growth in greater Boston, having just signed its third lease with Cummings Properties inside of a year. Founded in Minnesota by Erin Pash and Kyle Keller, Ellie is known for its comfort-first,
Regional Commercial handles <br>$900,000 sale to Turkey Plains, Inc.

Regional Commercial handles
$900,000 sale to Turkey Plains, Inc.

July 11, 2025
South Deerfield, MA Region Commercial has completed the sale of 6 North St. The property was sold for $900,000 to Turkey Plains, Inc. The 15,208 s/f industrial building, which includes 2,668 s/f of mezzanine space, offered a rare opportunity for owner-users seeking functional, high-bay warehouse
Alves of Elite Commercial Realty sells 490 Atwood Ave. and leases 1,250 s/f retail

Alves of Elite Commercial Realty sells 490 Atwood Ave. and leases 1,250 s/f retail

July 11, 2025
Cranston, RI Michael Alves of Elite Commercial Realty Group – HomeSmart Professionals Real Estate acted on behalf of the sellers Antonio DiRaimo and Pat DiRaimo of 490 Atwood Ave. Kerri-Ann Frazier purchased the property to open her own