Owners Developers & Managers

MassDevelopment issues $107m on behalf of Springfield College

Springfield, MA MassDevelopment has issued a $107 million tax-exempt bond on behalf of Springfield College, which will use proceeds to fund several capital projects. The college will use $45 million in proceeds to build and equip a new environmentally friendly and sustainable 76,000 s/f health sciences building

Colebrook and Balise form new partnership to acquire TD Center

Springfield, MA The 240,000 s/f class A office complex located at 1441 Main St., known as TD Bank Center, has been sold. The property, located at the corner of Main St. and Harrison Ave., was sold by an affiliate of TD Bank to a limited liability company

Procopio celebrates topping off of Daymark project in Portland, ME

Portland, ME The Procopio Companies (Procopio) celebrated the topping off of its Daymark condominium project. Daymark brings a new level of elevated condominium living to the city for Mainers and new transplants alike

AmpedUp! Networks and The Aeronaut complete MUD EV charger installation

Weymouth, MA Trinity Green Development, developer of the apartment building The Aeronaut has partnered with AmpedUp! Networks to provide one of the largest electronic vehicle charging solutions for MUDs in Massachusetts

Senné, KEMS and Grossman Cos. form partnership on The Brook

Cambridge, MA Senné has formed a partnership with development firm, KEMS, and real estate firm, The Grossman Companies, on a newly developed residential community, The Brook. The condominium-style apartments

Affordable Housing and Services Collaborative acquires four properties

New Bedford, MA Affordable Housing and Services Collaborative, Inc. (AHSC) has closed on four buildings that were purchased from the Women’s Institute for Housing and Economic Development.

LPC and Stars REI acquire Newton Wellesley Executive Office Park

Wellesley, MA A joint venture of Lincoln Property Company (LPC) and Chile-based STARS REI (Stars) has acquired the Newton Wellesley Executive Office Park (NWEOP), a four-building, 130,000 s/f office and medical office campus.

Beacon promotes de Vaca to chief human resources officer - Ben-Avie named chief of staff

Boston, MA Beacon Communities, an industry leader in affordable, market, and mixed-income property development, today announced it has promoted two of its team members: Alessandra de Vaca has been promoted to chief human resources officer, and Jacques Ben-Avie will fill the newly created role of chief of staff.

Dervil of the Peabody Companies named president of NEAHMA board of directors

Braintree, MA For the third consecutive year, Kerry Dervil, a senior property manager with the Peabody Companies, will serve as president of the New England Affordable Housing Management Association (NEAHMA) board of directors.

The Board of Directors of Caritas Communities re-elects five members of the board

Boston, MA The Board of Directors of Caritas Communities, an independent, non-sectarian, nonprofit housing provider, has re-elected five members of the board to continue their service, overseeing an organization that houses about 1,000 individuals in 33 residences in the Greater Boston area.