Category: Owners Developers & Managers

Jewett Construction completes renovations at One Hundred Club - 2,800 s/f renovation and fit-up included interior renovations

Jewett Construction completes renovations at One Hundred Club - 2,800 s/f renovation and fit-up incl...

July 24, 2020
Portsmouth, NH Jewett Construction has completed construction of the One Hundred Club. The 2,800 s/f renovation and fit-up included extensive interior renovations with luxury in mind.
Brick and mortar: Still making it - by Carol Todreas

Brick and mortar: Still making it - by Carol Todreas

July 24, 2020
Everything is in a state of flux with cities and states opening, closing, re-opening, partially reopening and whatever other combinations one can think of. Disastrous times. The message for retail was bleak with major declines in sales for March and April
Cummings Foundation grows grant program to $25 million

Cummings Foundation grows grant program to $25 million

July 24, 2020
Woburn, MA Cummings Foundation has launched its new Cummings $25 Million Grant Program and is now accepting Letters of Inquiry. This initiative will support 140 nonprofits based in and primarily serving Middlesex, Essex, and Suffolk counties in Massachusetts.
The importance of infrastructure inspections - by Nagesh Goel

The importance of infrastructure inspections - by Nagesh Goel

July 24, 2020
With approximately $500 billion spent on infrastructure in the U.S. annually, ensuring large-scale infrastructure—like buildings and bridges, pipelines, roadways, and electrical grids—are safe and secure
Mott & Chace Sotheby’s International Realty handles $6.95 million sale

Mott & Chace Sotheby’s International Realty handles $6.95 million sale

July 24, 2020
Jamestown, RI Mott & Chace Sotheby’s International Realty completed the sale of 648 East Shore Rd. for $6.95 million. The sale was handled  by Nicole Carstensen, sales associate of Mott & Chace.
Cottonwood Group and Shawmut Design and Construction form real estate partnership in the education sector

Cottonwood Group and Shawmut Design and Construction form real estate partnership in the education s...

July 24, 2020
Boston, MA Cottonwood Group and Shawmut Design and Construction  have jointly formed a strategic partnership through which the two groups will join forces to expand their combined real estate capabilities
Worth Avenue Capital, LLC funds $750,000 loan for New England Tech Co.

Worth Avenue Capital, LLC funds $750,000 loan for New England Tech Co.

July 24, 2020
Greenwich, CT Worth Avenue Capital, LLC (WAC) closed a $750,000 commercial construction loan for a New England based technology company. The loan proceeds will be used by the borrower for improvements on a building
citizenM launches new safety standards and contactless stays

citizenM launches new safety standards and contactless stays

July 24, 2020
Boston, MA citizenM is upgrading to a minimal-fuss contactless experience. The “affordable luxury” lifestyle and hotel brand is transforming the way mobile citizens travel with a fun, free, global app. Using a mobile device
Shanahan retires from the Maine Real Estate & Development Association board of directors

Shanahan retires from the Maine Real Estate & Development Association board of directors

July 17, 2020
Portland, ME According to the Maine Real Estate & Development Association (MEREDA), William Shanahan of Scarborough has retired from its board of directors after 16 years of service.
The Mount Auburn Club sold for $32.625 million to Alexandria Real Estate Equities and National Development

The Mount Auburn Club sold for $32.625 million to Alexandria Real Estate Equities and National Devel...

July 17, 2020
Watertown, MA According to the Crowley family, owners of the Mount Auburn Club for more than 46 years, the club will remain closed and it has been sold to a joint venture intending to develop the property
Richards of Hay Runner and Young of The Boulos Co. named MEREDA vice presidents

Richards of Hay Runner and Young of The Boulos Co. named MEREDA vice presidents

July 17, 2020
Portland, ME The Maine Real Estate & Development Association (MEREDA) has appointed Shannon Richards of Hay Runner, and Craig Young of The Boulos Company to vice presidents for 2020-2021.
MEREDA's 2019 notable project recipients

MEREDA's 2019 notable project recipients

July 17, 2020
Portland, ME Every spring, MEREDA recognizes the most noteworthy and significant Maine commercial development projects from the previous year, all of which embody the Association's mission