Category: Owners Developers & Managers

Northeast Private Client Group sells 24-unit Belden Sq. for $9.7 million

Northeast Private Client Group sells 24-unit Belden Sq. for $9.7 million

June 2, 2023
Norwalk, CT Northeast Private Client Group (NEPCG) sold Belden Sq. for $9.7 million. Senior VP investments, Brad Balletto, along with senior associates Rich Edwards and Jeff Wright, represented the seller
Boston area mayors sign historic compact committing to DEI standards in real estate development projects

Boston area mayors sign historic compact committing to DEI standards in real estate development proj...

June 2, 2023
Boston, MA Mayors from Cambridge, Lynn, Salem and Somerville joined with leaders from the city of Boston and lieutenant governor Kim Driscoll to sign the CommonWealth Development Compact, committing to historic 25% Diversity, Equity, and Inclusion (DEI) evaluation criteria in public real estate development projects
Massachusetts Housing Investment Corp. and Conservation Law Foundation close second Healthy Neighborhoods Equity Fund totaling $42m

Massachusetts Housing Investment Corp. and Conservation Law Foundation close second Healthy Neighbor...

June 2, 2023
Boston, MA Massachusetts Housing Investment Corp. (MHIC) and Conservation Law Foundation (CLF) completed the closing of the second Healthy Neighborhoods Equity Fund (HNEF), securing commitments from nine diverse investors, including health systems, banks, and foundations. Doubling the size of HNEF I, the $42 million HNEF II is expected to finance over 450 homes
NeighborWorks Housing Solutions cuts ribbon on 18 units in Quincy

NeighborWorks Housing Solutions cuts ribbon on 18 units in Quincy

June 2, 2023
Quincy, MA In partnership with the city and mayor Thomas Koch, Curtis Construction, West-Work Architects, and Father Bill’s and MainSpring, NeighborWorks Housing Solutions celebrated the ribbon-cutting of their newest development,
Sitole named senior vice president at GDG

Sitole named senior vice president at GDG

June 2, 2023
Framingham, MA Grossman Development Group (GDG), has appointed Sujit Sitole as senior vice president. With more than 17 years focused on real estate investment and development in Boston and other markets, the company has strong momentum with key acquisitions and developments in New England and Montana.
Peabody Residential Services promotes Grady to portfolio director

Peabody Residential Services promotes Grady to portfolio director

June 2, 2023
Braintree, MA Peabody Resident Services, Inc. (PRSI), an affiliate of the Peabody Companies, has promoted Marcy Grady to resident services portfolio director. In this role, Grady, who previously held the title of senior resident services manager,
Energy North opens Haffner’s site; includes Sals Pizza & Crack’d Kitchen

Energy North opens Haffner’s site; includes Sals Pizza & Crack’d Kitchen

June 2, 2023
Lawrence, MA Energy North has opened its flagship Haffner’s location on Merrimack St. The site includes a gas station, car wash and convenience store, which contains both a Sal’s Pizza and the first ever Crack’d Kitchen Express.
Northstar promotes Touchette to shareholder

Northstar promotes Touchette to shareholder

June 2, 2023
Cambridge, MA Northstar, a real estate services firm providing project management, development management, and advisory services, has promoted Andy Touchette to shareholder. Northstar introduced shareholders to their leadership team in 2019 as part of their growth strategy to continue their trajectory in expanding their project management services
Outdoor Pride expands leadership team and makes a series of promotions

Outdoor Pride expands leadership team and makes a series of promotions

June 2, 2023
Manchester, NH Outdoor Pride Landscape & Snow Management has promoted three of its employees and added a new member to the leadership team in response to the company’s continued growth. Outdoor Pride added Dylan Clark to the leadership team as the company’s new financial controller
Harnessing earth’s energy: Using geothermal heating for efficient comfort and sustainability - by Quagliaroli and Hall

Harnessing earth’s energy: Using geothermal heating for efficient comfort and sustainability - by ...

June 2, 2023
All New England states are making efforts to achieve reduced or Net Zero greenhouse gas (GHG) emissions and develop clean energy and climate plans for the future. For example, Massachusetts has developed a Clean Energy
US2 begins preleasing at Prospect Union Square - a new 450-unit residential community in Somerville, MA

US2 begins preleasing at Prospect Union Square - a new 450-unit residential community in Somerville,...

June 2, 2023
Somerville, MA According to US2, a joint venture between Magellan Development, RAS Development LLC, Cypress Equity Investments, and Affinius Capital, apartments will begin preleasing at Prospect Union Square, a new, 450-unit residential community comprised of a mid-rise building and 25-story tower