Category: Owners Developers & Managers
MEREDA’s Annual Forecast Conference back in person on January 20th, 2022
December 17, 2021
Portland, ME On Thursday, January 20th, 2022, leaders from Maine’s real estate industry will be back in person for the Maine Real Estate & Development Association’s (MEREDA’s) Forecast Conference and Member Showcase
The hospitality industry continues to claw back from the impact of the pandemic - by David Roedel
December 17, 2021
The hospitality industry continues to claw back from the horrible impact of the pandemic. We are approaching our second year of dealing with an invisible enemy that brought our entire industry to its knees. After the initial shock of watching hotel demand plummet in March of 2020
bluebird bio, Inc. signs new 61,000 s/f lease at Assembly Row
December 17, 2021
Somerville, MA bluebird bio, Inc. has signed a long-term lease with Federal Realty to establish a biotech hub at Assembly Row. The 61,000 s/f facility to be located at 455 Grand Union Blvd. is designed to meet the changing needs of bluebird bio’s business
The St. Regis Residences celebrate reaching top floor of construction
December 17, 2021
>Boston, MA Developer Jon Cronin joined the construction team and staff to celebrate construction reaching the top floor at The St. Regis Residences, Boston. A banner signed by more than 250 workers and staff was lifted to the roof
Boston Realty Advisors brokers sale of Crimson Court for $30.2m
December 17, 2021
Cambridge, MA Boston Realty Advisors, one of the largest Boston-based independent real estate brokerage and consulting companies, represented the owners of Crimson Court, a 60-unit multifamily building, in a sale of the property for $30.2 million.
O’Brien and Snay join Sanborn, Head & Associates, Inc.’s development practice
December 17, 2021
Westford, MA According to Sanborn, Head & Associates, Inc., Susan O’Brien and Timothy Snay have joined the firm’s growing development practice in leadership roles.
JLL Capital Markets closes $84.35m sale of Eliot on Ocean
December 17, 2021
Revere, MA JLL Capital Markets has closed the $84.35 million sale of and arranged $60.9 million in acquisition financing for Eliot on Ocean, a 194-unit, transit-oriented, class A multi-housing community.
Worth Avenue Capital places $130,000 loan
December 17, 2021
New London, CT Worth Avenue Capital, LLC (WAC) closed a $130,000 CRE loan for a real estate investor who purchased several commercial condominium units. The loan is secured by a blanket first mortgage on the condominium units
Griffith, Buckley and Pepdjonovic of M&M broker $6.05 million sale
December 17, 2021
Waltham, MA Marcus & Millichap has completed the sale of 50-58 Walnut St., a 22-unit multifamily property, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $6.05 million.
Munsinger promoted to COO at Senné
December 17, 2021
Boston, MA Senné has promoted Tyler Munsinger to the company’s chief operating officer. Munsinger previously led the accounting team at Senné, working directly with the chief financial officer to manage financial analysis and reporting
Stang of Coastal Commercial handles sale of 305 Nash Rd.
December 17, 2021
New Bedford, MA Coastal Commercial Real Estate has completed the sale of 305 Nash Rd. The 128,041 s/f building sits on 4.36 acres of land in a high traffic area bordered by three streets - Nash Rd., Edison St., and Belleville Rd.,
Nahigian of Auburndale Realty Co., completes counseling assignment for Southbridge Associates, LLC
December 17, 2021
Southbridge, MA Rob Nahigian, FRICS, CRE, SIOR, MCR of Auburndale Realty Co., has completed a counseling assignment for Southbridge Associates, LLC on the Southbridge Hotel and Conference Center. The conference center contains two levels
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