Owners Developers & Managers

The perils of ambiguous terms in an insurance policy: Zurich American Insurance Co. v. Medical Properties Trust, Inc.

In July 2024, the Supreme Judicial Court of Massachusetts ruled in favor of insureds in a dispute over an ambiguous term in two policies insuring Norwood Hospital in Norwood, Mass. The issue at hand in Zurich American Insurance Company v. Medical Properties Trust, Inc. (and a consolidated case [1]) (Docket No. SJC-13535),

Keliher of Mainsail Management Inc. to manage new 21-unit property at 69 Bailey St., Dorchester

Dorchester, MA Mainsail Management has celebrated the completion of 21 new residential units at 69 Bailey St. This building features three affordable housing units. All units are now fully occupied,

Peabody Properties wins National Affordable Housing Management Association Vanguard Award

Charlestown, MA According to Peabody Properties, The Charlestown has been named a recipient of the 2024 Vanguard Award for Major Rehabilitation of an Existing Rental Housing Community by the National Affordable Housing Management Association (NAHMA).

BOMA Boston update: TOBY and Industry Awards, 2025 membership and 2025 International Conference

Boston, MA The 2024 BOMA Boston TOBY & Industry Awards were held on Thursday, November 14th. Around 700 real estate professionals and guests gathered at the Westin Copley Place to celebrate individuals and buildings recognized for industry excellence.

IREM president’s message: Reflecting on 2024 and anticipating 2025

As the year draws to a close, it’s a perfect time to reflect on the events the IREM Boston Chapter hosted and the issues we addressed throughout 2024. Advocacy for the policies and regulations that benefit the real estate management industry, the importance of professional development, and networking and community building were a few of the key issues we focused on this year.

CAI Legislative Action Committee 2024 review and update

A very active session for CAI Legislative Action Committees (LACs) around New England marked milestone legislation passed in some New England states while other bills, championed by LAC delegates before legislators at committee hearings,

IFMA Boston’s FMForward Deep Dive 2024 was held on November 19

Boston, MA IFMA Boston’s FMForward Deep Dive 2024 was held on November 19th at the Babson Executive Conference Center and the topic was how using reality capture technologies like 3D laser scanning and drones,

Project of the Month: Carr Enterprises completes project at Mahoney’s Garden Center - designed by The Galante Architecture Studio

Boston, MA Mahoney’s Garden Center, a family-owned gardening store, has completed its newest garden center renovation at 449 Western Ave. Gardeners of the city are excited to welcome the city’s largest greenhouse where plants can now be displayed year-round.

Trinity Financial breaks ground on Tremont Flats: A $56 million mixed-income housing development

Meriden, CT Trinity Financial, alongside federal, state and local leaders, broke ground on Tremont Flats, an adaptive reuse project that will transform the historic Aeolian Company complex at 85 Tremont St. into 82 mixed-income apartments.

Affordable Housing and Services Collaborative, Inc. begins work on 91-unit Columbia-Uphams housing project

Dorchester, MA According to Affordable Housing and Services Collaborative, Inc. (AHSC), a nonprofit organization that owns and develops affordable rental communities, construction has begun on a 91-unit affordable family housing project on Columbia Ave.