Category: Owners Developers & Managers

Moody's upgrades East Providence rating; City on secure financial footing

Moody's upgrades East Providence rating; City on secure financial footing

May 4, 2020
East Providence, RI While some municipalities in our state and throughout the world are facing financial hardship, the City of East Providence has received positive news from Moody’s Investors Service. East Providence has been upgraded to an A1 rating,
DCAMM, SLAM and Gilbane team up to re-occupy Newton Pavilion for temporary quarantine of homeless during COVID-19

DCAMM, SLAM and Gilbane team up to re-occupy Newton Pavilion for temporary quarantine of homeless du...

May 1, 2020
Boston, MA The S/L/A/M Collaborative, Boston Studio (SLAM) and Gilbane Building Company (Gilbane), in partnership with the Massachusetts Division of Capital Asset Management & Maintenance (DCAMM), Boston Medical Center (BMC), Boston Healthcare
Cornerstone Realty Capital arranges $7.6 million financing for Hilltop Garden Apartments

Cornerstone Realty Capital arranges $7.6 million financing for Hilltop Garden Apartments

May 1, 2020
Leominster, MA Cornerstone Realty Capital has arranged $7.6 million for the acquisition of a 120-unit apartment property. Known as Hilltop Garden Apartments, the property consists of a unit mix of five studio units
Novaya Real Estate Ventures, LLC and Hawk Properties complete the sale of 55 Tech. Dr.

Novaya Real Estate Ventures, LLC and Hawk Properties complete the sale of 55 Tech. Dr.

May 1, 2020
Lowell, MA A joint venture between Novaya Real Estate Ventures, LLC and Hawk Properties has completed the sale of 55 Technology Dr. to Legacy Real Estate Ventures. The property consists of an 89,004 s/f, two story office and flex building.
SelecTech’s FreeStyle BioLock flooring meets FDA requirements

SelecTech’s FreeStyle BioLock flooring meets FDA requirements

May 1, 2020
Avon, MA The response to the COVID-19 crisis has led to a number of temporary facilities to take the burden off hospitals and other healthcare facilities. According to SelecTech, Inc., a leader in the manufacture of innovative f
Austin Street Partners receives $1.3 million financing from MassHousing for 68-unit 28 Austin St. project in Newton, MA

Austin Street Partners receives $1.3 million financing from MassHousing for 68-unit 28 Austin St. pr...

May 1, 2020
Newton, MA MassHousing has closed on $1.3 million in affordable workforce housing financing to Austin Street Partners LLC, for the new, 68-unit 28 Austin St., which offers 23 workforce housing apartments for lower and moderate-income households.
CAI-NE names First Realty Management Corp. of Boston its 2019 Management Company of the Year

CAI-NE names First Realty Management Corp. of Boston its 2019 Management Company of the Year

May 1, 2020
Boston, MA When the Community Association Institute – New England (CAI-NE) named First Realty Management its Management Company of the Year at its recent annual Awards Gala, it marked the second time in the last six months
Lowenberg joins National Development as senior vice president

Lowenberg joins National Development as senior vice president

May 1, 2020
Newton, MA Jeff Lowenberg has joined National Development as senior vice president, development. Lowenberg brings 20 years of real estate development experience on large-scale urban mixed-use projects. At National Development,
BOMA Boston Update: Webinars, educational offerings, TOBY & Industry Awards

BOMA Boston Update: Webinars, educational offerings, TOBY & Industry Awards

May 1, 2020
Boston, MA BOMA Boston and the Massachusetts Apartment Association are presenting a webinar on May 7th. Lara Heacock will share a presentation on “Managing Stress in Difficult Times,” walking participants through learning their individual
CAI president’s message: The new normal

CAI president’s message: The new normal

May 1, 2020
As we all anxiously hope the COVID-19 curve will soon flatten and that states will be able to safely open and stay-at-home orders and closures will be slowly relaxed, we anticipate a return to what is likely to be a ‘new’ normal. The last several weeks have provided CAI and the New England
IFMA's FMForward 2020 goes virtual: Four day summit

IFMA's FMForward 2020 goes virtual: Four day summit

May 1, 2020
Boston, MA With the changing landscape of social distancing amidst COVID-19, IFMA Boston is excited to produce the FMForward Summit 2020 during the week of June 8th from Noon-1:30 p.m. Monday through Thursday.
JLL arranges $19.35 million sale and $13.32 million financing for 45 Holton St., a 180,000 s/f warehouse building

JLL arranges $19.35 million sale and $13.32 million financing for 45 Holton St., a 180,000 s/f ware...

May 1, 2020
Winchester, MA JLL has closed the $19.35 million sale of and arranged $13.32 million in acquisition financing for 45 Holton St., a 180,000 s/f, fully leased industrial warehouse building.