Owners Developers & Managers

CAI urges suspension of Fannie Mae and Freddie Mac temporary lending guidelines for condominiums and cooperatives

Fannie Mae and Freddie Mac are known as government-sponsored enterprises (GSE), a quasigovernmental entity established to enhance the flow of credit to specific sectors of the American economy. Created by Congress, these agencies are privately held companies

IFMA's FMForward 2022 and the 19th Annual Awards of Excellence is now open for registration

Boston, MA FMForward 2022 and the 19th Annual Awards of Excellence is now open for registration. FMForward is IFMA Boston’s one-day conference which provides members with key strategies, technologies, and best practices to help them navigate the ever-changing FM landscape.

F.D. Rich Company sells three apartment communities they developed for $175m

Stamford, CT F. D. Rich Company has completed the sale of three class A apartment communities that the company developed (with partners) totaling 422 units in size for $175 million.

The private real estate community can learn much from the Massachusetts Army National Guard - by Johanna Hall

A hallmark of military agencies is that they have contingency plans which cover what to do in case the original plan does not work or in the event of an emergency. Much can be learned by the private sector from such planning. For example, Weston & Sampson is working with the Massachusetts Army National Guard

Project of the Month: Timberline Construction Corporation completes PUMA’s new 150,000 s/f North American headquarters

Somerville, MA Timberline Construction Corp. has completed the new PUMA North American headquarters located at Assembly Row. This location was chosen to combine PUMA’s two offices – one in Westford and one in downtown Boston – to accommodate approximately 450 of their employees.

Wayne J. Griffin Electric, Inc. provides installation work on Emblem 125 - a 256,000 s/f mixed-use development

Providence, RI Wayne J. Griffin Electric, Inc. (Griffin Electric) is currently providing installation work on the new Emblem 125 project on Parcel 28. The 256,000 s/f mixed-use development is expected to reach completion this fall.

Fortis Property Group launches sales at the 68-unit The Parker in downtown

Boston, MA Fortis Property Group, a vertically integrated owner, operator and developer, launched sales of The Parker, which features 168 units. Designed by Stantec with bold interiors by ZARIFI DESIGN, The Parker introduces a first-of-its-kind attainable

Hobbs Brook Real Estate LLC signs two new leases at 225 Wyman

Waltham, MA Hobbs Brook Real Estate LLC (HBRE), a pioneering developer, owner and operator of premier office and life science space, has signed two new leases with leading life science companies at its latest redevelopment currently under construction, 225 Wyman.

Outdoor Pride acquires 2.5 acre Chelmsford property to serve as Massachusetts headquarters

Chelmsford, MA Outdoor Pride Landscape & Snow Management, New England’s leading commercial snow removal and landscape management company, acquired a 2.5-acre property to serve as its major hub for all Massachusetts operations.

Lordship Land, LLC purchases 14.2 acres of industrial land for $10.6m

Stratford, CT Lordship Land, LLC, a commercial real estate developer, has purchased 14.2 acres of industrial land at 775 & 975 Lordship Blvd., for $10.6 million, according to Jon Angel, president of Angel Commercial, LLC