Category: Massachusetts

Lowell, MA Arrowpoint Properties has completed the sale of Wood Crest Apartments, a 51-unit multifamily community located at 151–159 Wood St. The transaction closed following the full execution of Arrowpoint’s value-add business plan and the stabilization of the asset at 100% occupancy.

Devens, MA MassDevelopment has completed the sale of two acres of land at 25 Adams Circle to Reframe Systems, Inc., which will develop six for-purchase duplexes (totaling 12 housing units) on the site. Reframe is a Massachusetts-based physical AI company automating the homebuilding process to address the housing crisis.

Boston, MA National manufacturer Crystal Window & Door Systems continued its product line expansion with the recent launch of the high-end aluminum OPUS lines. Introduction of the elite OPUS windows and doors catapults the firm into the upper echelons of window manufacturers.

Ayer, MA Schochet has competed the acquisition of Devenscrest Village, which, with the support of the Commonwealth of Massachusetts, will extend and maintain long-term affordable housing for the residents of 114 units in 37 separate buildings.

Braintree, MA The Peabody Companies has launched its year-long “50 Acts of Kindness” campaign with a heartfelt community initiative by donating hundreds of handmade knitted items for infants at Southcoast Hospitals Groups.

Brighton, MA Amy Schectman, who has led 2Life Communities through 15 years of transformative growth and impact, will retire as Saul and Gitta Kurlat chief executive officer effective October 2nd. Lizbeth Heyer, currently serving as 2Life’s president, will step in to the role of Saul and Gitta Kurlat CEO at that time.

Shrewsbury, MA WinnCompanies, an award-winning national owner has completed The Elmwood, a 93-unit, mixed-income housing development serving households in the region.

Burlington, MA The Erland Charitable Foundation is celebrating a decade of service, partnership, and community impact. Established in 2016 by Erland Construction employees inspired to give back to the communities they help build, the Foundation marks its 10th anniversary this year

Boston, MA JM Electrical has completed a full building management system (BMS) control wiring at South Station Tower, one of the city’s most significant mixed-use developments in recent history. This milestone marks the culmination of a five-year installation project that began in April 2021 and showcases JM Electrical’s expertise in managing large-scale, complex infrastructure projects.

Westford, MA Boston-based Finegold Alexander Architects reached a major milestone on January 23 celebrating the beam signing for the renovation and expansion of the J.V. Fletcher Library project.

Saugus, MA MassDevelopment has issued a $27.72 million tax-exempt bond, enhanced with a mortgage insurance guarantee, on behalf of Pioneer Charter School of Science II (PCSS), a public charter school serving students in kindergarten through grade 12.

Nantucket, MA Rockland Trust has partnered with HallKeen Management and Norton Point Development to provide $32 million in financing to develop Ticcoma Green apartments. Located on nea