Owners Developers & Managers

Trident Property Management Corp. acquires The Metropolitan at Reading Station for $27.5 million

Reading, MA Colliers International Multifamily Advisory team facilitated the $27.5 million sale of The Metropolitan at Reading Station (The Met) to Trident Property Management Corp.

The Davis Companies places last beam at 100 Shawmut development - Suffolk Construction is the general contractor

Boston, MA The Davis Companies along with the Boston Chinese Evangelical Church (BCEC) and the Chinese Consolidated Benevolent Association (CCBA), placed the final steel beam on 100 Shawmut.

The 2020 challenge: Improving resident experience - by Stacy Holden

“Keeping the customer happy” applies to the property management world, too. In property management, those “customers,” are residents, and providing them with a positive renter experience is critical.

IQHQ receives BPDA approval for amendment to Fenway Center project

Boston, MA According to IQHQ, Inc., a life sciences real estate development company, its Fenway Center PDA amendment has been unanimously approved by the Boston Planning & Development Agency (BPDA).

Cushman & Wakefield managed building wins Middle Atlantic TOBY

Needham, MA According to Cushman & Wakefield, 160 Gould St., a 135,699 s/f boutique office building, has received the Middle Atlantic Conference (MAC) Regional Outstanding Building of the Year (TOBY) Award.

What landlords, tenants, and lenders all want from SNDAs - by Brion Kirsch

A Subordination, Non-Disturbance and Attornment Agreement (SNDA) is a vital cog in the commercial real estate machine. Properly negotiated, it ensures the divergent interests of all parties involved in a commercial mortgage loan transaction — the landlord, tenant, and lender.

National Development files plans for mixed-use redevelopment in South Boston

South Boston, MA National Development filed plans with the city for a mixed-use project at 333 Dorchester Ave. The planned redevelopment would transform a former industrial property into a mixed-use building that includes 265 apartments, 47,000 s/f of commercial space

Gables Residential opens marketing center for 23-story Gables Seaport

Boston, MA According to Gables Residential, a leader in multifamily development and management, Gables Seaport, located on 501 Congress St., has opened its marketing center. Along with Drew Company, Gables Residential is bringing a 23-story, 307 apartment home building to the Seaport District

Hobbs Brook Management acquires Ledgemont Technology Center for $112.5 million

Lexington, MA Hobbs Brook Management has acquired Ledgemont Technology Center, from a group of investment partners including the Beal Company and Boston Andes Capital. Ledgemont has long been managed by Related Beal. According to public record the property was acquired for $112.5 million.

Peabody Properties celebrates newly earned ARM and CPM designations

Braintree, MA According to Peabody Properties, the following individuals have earned their Accredited Residential Manager (ARM) credential through the Institute of Real Estate Management(IREM):  Penny Brady, property manager of Melville Towers