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Category: Owners Developers & Managers
MassDevelopment issues $18.417m tax-exempt bond to MSPCA
April 24, 2020
Boston, MA MassDevelopment has issued an $18.417 million tax-exempt bond on behalf of the Massachusetts Society for the Prevention of Cruelty to Animals (MSPCA), a nonprofit leader in animal protection and veterinary medicine and provider of direct, hands-on care
What landlords and tenants need to know about Massachusetts House Bill 4615 and Senate Bill 2631 - b...
April 24, 2020
The evolving COVID-19 pandemic has impacted every industry and caused lawmakers to quickly address a slew of unforeseen circumstances. In real estate in particular, landlords and tenants faced with financial uncertainty are grappling with the best ways to handle
Mass. statewide moratorium on evictions and foreclosures during COVID-19 emergency now effective - b...
April 24, 2020
On April 20, 2020, Mass. governor Baker signed into law “An Act providing for a moratorium on evictions and foreclosures during the COVID-19 Emergency.” The new law puts a temporary moratorium on nonessential evictions of residential and small business
Suffolk hires Rango as west region president
April 24, 2020
Boston, MA Suffolk has hired Tony Rango as president of Suffolk west region. Rango will be responsible for leading Suffolk operations in its existing markets of San Francisco, Los Angeles and San Diego and expanding
Rockport Mortgage Corp. handles $9 million financing for Lowell Belvidere Apartments - managed by Pe...
April 24, 2020
Lowell, MA Rockport Mortgage Corp. completed the closing of an FHA Section 223(f) refinancing loan totaling $9 million for the Lowell Belvidere Apartments. The property is managed by Peabody Properties
IBEW Local 103 donates 20,000 PPE masks to front-line nurses
April 24, 2020
Boston, MA Amidst a dire, statewide shortage of critical medical supplies, the region’s largest electrical workers’ union, IBEW Local 103, has donated 20,000 medical-grade protective masks to the Massachusetts Nurses Association (MNA) for direct distribution to front-line caregivers at Brigham and Women’s Hospital.
EBI Consulting relocates Quincy, Mass. office
April 24, 2020
Quincy, MA EBI Consulting has opened their new office. Having outgrown their original office in the city, opened in 2012, the company has relocated the regional office to a larger facility in the same city. The new facility located at 2 Batterymarch Park
Virus 2020 - Companies rise to challenge - by Stanley Hurwitz
April 24, 2020
When a business and brand are associated with worthy causes, it makes a powerfully positive impression. It helps Coca Cola’s brand when they sponsor sports teams and the Olympics. It’s good PR when Amgen’s cardio drugs support the American Heart Association.
Jefferson Apartment Group completes $103.6 million sale of Jefferson One Upland
April 24, 2020
Norwood, MA Jefferson Apartment Group (JAG) completed the sale of Jefferson One Upland for $103.6 million, marking the first sale in JAG’s Income Fund. The community was acquired through a joint venture with KKR and JAG in 2017.
Boyle of Chozick Realty, Inc. facilitates $460,000 apartment sale
April 24, 2020
Plymouth, CT Tom Boyle of the Hartford office of investment broker Chozick Realty, Inc., has facilitated the sale of Burnham Street Apartments, located at 11 Burnham St. This eight-unit property brought a price of $460,000.
The Boston Foundation has awarded $1 million in rapid response grants
April 24, 2020
Boston, MA According to The Boston Foundation, one of its donor advised funds has awarded $1 million in rapid response grants to meet the needs of children impacted by school closings due to the COVID-19 crisis.
Basile of Lila Delman Real Estate brokers $1.337m sale of 4,186 s/f property
April 24, 2020
Providence, RI Lila Delman Real Estate continues to drive market activity during these unique times, as is evidenced by the sale of 53 Stimson Ave. on the East Side of the city for $1.337 million.
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