The evolving COVID-19 pandemic has impacted every industry and caused lawmakers to quickly address a slew of unforeseen circumstances. In real estate in particular, landlords and tenants faced with financial uncertainty are grappling with the best ways to handle
On April 20, 2020, Mass. governor Baker signed into law “An Act providing for a moratorium on evictions and foreclosures during the COVID-19 Emergency.” The new law puts a temporary moratorium on nonessential evictions of residential and small business
Boston, MA Suffolk has hired Tony Rango as president of Suffolk west region. Rango will be responsible for leading Suffolk operations in its existing markets of San Francisco, Los Angeles and San Diego and expanding
Lowell, MA Rockport Mortgage Corp. completed the closing of an FHA Section 223(f) refinancing loan totaling $9 million for the Lowell Belvidere Apartments. The property is managed by Peabody Properties
Boston, MA Amidst a dire, statewide shortage of critical medical supplies, the region’s largest electrical workers’ union, IBEW Local 103, has donated 20,000 medical-grade protective masks to the Massachusetts Nurses Association (MNA) for direct distribution to front-line caregivers at Brigham and Women’s Hospital.
Quincy, MA EBI Consulting has opened their new office. Having outgrown their original office in the city, opened in 2012, the company has relocated the regional office to a larger facility in the same city. The new facility located at 2 Batterymarch Park
When a business and brand are associated with worthy causes, it makes a powerfully positive impression. It helps Coca Cola’s brand when they sponsor sports teams and the Olympics. It’s good PR when Amgen’s cardio drugs support the American Heart Association.
Norwood, MA Jefferson Apartment Group (JAG) completed the sale of Jefferson One Upland for $103.6 million, marking the first sale in JAG’s Income Fund. The community was acquired through a joint venture with KKR and JAG in 2017.
Plymouth, CT Tom Boyle of the Hartford office of investment broker Chozick Realty, Inc., has facilitated the sale of Burnham Street Apartments, located at 11 Burnham St. This eight-unit property brought a price of $460,000.
Boston, MA According to The Boston Foundation, one of its donor advised funds has awarded $1 million in rapid response grants to meet the needs of children impacted by school closings due to the COVID-19 crisis.
