Owners Developers & Managers

Congress|EMJ and Tremont Development Partners break ground on 30-unit project in Taunton, MA

Taunton, MA Congress|EMJ, Tremont Development Partners, MassHousing, Eastern Bank, and city of officials, including mayor Shaunna O’Connell, held a groundbreaking ceremony on Thursday, January 11, to mark the commencement of a new 30-unit

Calare Properties completes redevelopment of 325 Foxborough Blvd. for NECI

Foxborough, MA Calare Properties (Calare) has completed upgrades to 325 Foxborough Blvd. nearly a year after acquiring the 80,000 s/f office building. The fully upgraded property will serve as the corporate headquarters facility for NECI,

EMD Serono selects Erland, PM Group, and BR+A Consulting Engineers for 15,000 s/f renovation

Billerica, MA EMD Serono has selected Erland, PM Group, and BR+A Consulting Engineers to renovate 15,000 s/f of space within the Bourne Building. The new lab will contribute to the company’s ongoing commitment to providing medicines, drug-delivery devices, and support services

MassDevelopment issues $25.77 million tax-exempt bond to SEHC Elizabeth Brook Apartments LP

Stow, MA MassDevelopment has issued a $25.77 million tax-exempt bond on behalf of SEHC Elizabeth Brook Apartments LP, an affiliate of Stow Elderly Housing Corp. The organization is using proceeds to renovate an existing 50-unit affordable rental housing complex for seniors

New England Chapter of CoreNet Global to honor Awards of Excellence Winners on May 23

Boston, MA The New England Chapter of CoreNet Global has named the winners of its annual Awards of Excellence, representing the best of the Boston region in corporate real estate leadership. The 2023 winners will be formally presented with their awards

Healey-Driscoll administration commits to
26 new affordable housing developments

Boston, MA Less than a week after her State of the Commonwealth address in which she vowed to tackle rising housing costs, governor Maura Healey has committed resources to support the production and preservation of more than 1,900 housing units as part of 26 projects in 19 communities across the state.

NeighborWorks Housing Solutions holds new office ribbon-cutting at 139 S. Main St., Fall River

Fall River, MA NeighborWorks Housing Solutions (NHS) has opened its newest location at 139 South Main St. The opening was made official at a formal ribbon-cutting ceremony attended by mayor Paul Coogan, state representatives Carole Fiola and Alan Silvia, Michael Williams of NeighborWorks America, and staff members from the office of congressman Jake Auchincloss.

BioMed Realty promotes Letchworth, McDonald and Vu to vice president

Boston, MA According to BioMed Realty (the company), a leading provider of real estate solutions to the life science and technology industries, Tracy Letchworth, Ed McDonald and Kevin Vu have been promoted to the role of vice president.

The Peabody Companies’ Fernandez awarded IREM Scholarship

Braintree, MA According to The Peabody Companies, Janelle Fernandez has been awarded a New England Past President’s Scholarship by the Boston Chapter of the Institute of Real Estate Management (IREM) to pursue an Accredited Residential Manager (ARM) credential.

New construction vs. renovation: Key considerations - by Thomas Dionne

Is it better to renovate or build new? We often encounter clients contemplating this question. There are many parameters involved in understanding if it makes more sense to renovate an existing building or take on a new, ground-up construction project. Key factors such as cost, time, and scope can make one option more viable than the other.