The growing insurance crisis continues to put pressure on community associations, particularly condominiums and housing cooperatives. Across the nation, community associations are facing the real challenges of rising insurance premiums, policy cancellations, increasing deductibles, and diminishing coverage options.
Boston, MA The fall season always marks the return of IFMA Boston events, and this year is no different. Registration is now open for IFMA Boston’s FMForward Deep Dive 2024. The FMForward Deep Dive 2024 Conference will be held on November 19
th at the Babson Executive Conference Center in Wellesley, Mass.
Nantucket, MA DXD Capital, a private equity investor and self-storage developer, has held the groundbreaking of a new, class A, climate-controlled storage facility. The facility, located at 10 Davkim Ln., offers 667 individual storage units totaling 96,238 s/f and features one-of-a-kind design elements,
South Boston, MA Core Investments, Inc., a real estate investment and development company, has formed a joint venture with Sterling Bay, a leading national investment and development company based in Chicago
Bedford, MA According to Newmark, on behalf of ownership, Camber Development and Wheelock Street Capital, Phase 1 at 44 Middlesex – a new advanced manufacturing campus – is now complete. In completing Phase I of the project, ownership marks the delivery of the first of two, 147,000 s/f,
Devens, MA Electric Hydrogen manufactures, delivers and commissions the world’s most powerful electrolyzers for critical industries to produce the lowest cost green hydrogen. Earlier this year, Electric Hydrogen celebrated the opening of its new 185,000 s/f state-of-the-art gigafactory, one of the largest electrolyzer factories in the world.
Rochester, NH Real estate development firm, Elm Grove Companies, has started construction of The Rapids On Cocheco, an approved 52-unit workforce housing community at 29 Wadleigh Rd. This will be the company’s ninth venture in the affordable housing arena with other affordable properties in the state totaling 430 apartments
Boston, MA Skanska USA Commercial Development has promoted Mike Caliva to vice president of development in the U.S. In this role, he will take on expanded responsibility within the local office and CDUS and will continue his role leading the teams responsible
Westwood, MA Petruzziello Properties, a subsidiary of Supreme Development, is breaking ground for their newest project, The Block at 22 Everett St. This multi-unit mixed-use development will include 160 residential units, of which 24 units will be affordable housing units, 12,000 s/f of commercial/retail space as well as walking trails, sports courts, and outdoor gathering spaces.
Billerica, MA TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, acquired the Villas at Old Concord, a 324-unit, apartment community. The acquisition marks TruAmerica’s fifth investment in the Boston MSA.
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