Category: Owners Developers & Managers

Salem, MA Stephen Girolamo of Horvath & Tremblay has arranged the sale of a rooming house consisting of 11 units located at 2-4 Howard St. Girolamo exclusively represented the seller to close the property at a sale price of $2.36 million

Waltham, MA Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler handled the sale of Gardencrest Apartment Homes, a 696-unit, 100% market-rate workforce housing apartment community.

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.

Plymouth, MA Toll Brothers, Inc. has opened its newest 55+ active-adult community, Toll Brothers at The Pinehills - Owls Nest - Regency Collection. This enclave of only 44 single-family homes offers low-maintenance living and onsite amenities exclusively for Owls Nest residents,

Boston, MA citizenM, the pioneer of affordable luxury hotels, is celebrating the opening of its second property in the city – citizen Boston Back Bay. The newest addition to the portfolio is located in the city’s historic Back Bay neighborhood, part of the mixed-use development, Lyrik, and designed by citizenM’s long-standing architecture partner concrete Amsterdam.

Hyde Park, MA A groundbreaking and beam-signing was held at 1201 River St., a 63-unit B’nai B’rith Housing development for senior residents on September 26th.

Boston, MA October is National Disability Employment Awareness Month (NDEAM), which commemorates the many ways people with disabilities contribute to America’s workplaces as well as the economy. The theme for NDEAM 2024 is “Access to Good Jobs for All.” The American Association of Automatic Door Manufacturers (AAADM) supports this mission, in October and all year long.

For decades, New England has had a summer-peaking power system, where the greatest energy use occurs on the hottest and most humid days, due to widespread use of air conditioning. But by the mid-2030s, electrification of the heating sector likely will result in a winter peak that’s higher than the summer peak.