Category: Massachusetts

Purpura named executive vice chairman at Newmark in Boston

Purpura named executive vice chairman at Newmark in Boston

March 13, 2026
Boston, MA Newmark has hired Steve Purpura, a leading force in the city’s rise to nationwide life sciences prominence, as executive vice chairman. Purpura brings more than 30 years of experience advising owners, developers and occupiers across office and life sciences real estate,
Wingate Living acquires 59-unit Wingate Residences at Pleasant Bay

Wingate Living acquires 59-unit Wingate Residences at Pleasant Bay

March 13, 2026
Brewster, MA Wingate Living, a family-run organization offering a full continuum of services from independent and assisted living to memory care, skilled nursing and home care, has completed the acquisition of Wingate Residences at Pleasant Bay, a 59-apartment independent and assisted living community.
Granite City Electric donates electrical supplies to five Mass. Habitat for Humanity Affiliates

Granite City Electric donates electrical supplies to five Mass. Habitat for Humanity Affiliates

March 13, 2026
Norwell, MA South Shore Habitat for Humanity, which has delivered quality housing in partnership with families in need for the past 40 years, has received a generous donation of electrical supplies from Granite City Electric for its local homebuilding project on Plymouth St., in Abington, Mass.
The Davis Companies closes on disposition  of two self-storage facilities operated by Extra Space Storage

The Davis Companies closes on disposition of two self-storage facilities operated by Extra Space St...

March 13, 2026
Boston, MA The Davis Companies (Davis) have closed on the disposition of two self-storage facilities operated by Extra Space Storage, located at 235 North Beacon St. and 970 Fellsway in Medford, MA respectively. The properties were sold to a joint venture between Invesco Real Estate and Baranof Holdings.
The Peabody Companies’ Columbia-Uphams Apartments in Dorchester attains Enterprise Green Communities Certification

The Peabody Companies’ Columbia-Uphams Apartments in Dorchester attains Enterprise Green Communit...

March 13, 2026
Dorchester, MA According to The Peabody Companies, Columbia-Uphams Apartments has achieved Enterprise Green Communities (EGC) certification. The national green building standard prioritizes resident well-being, long-term sustainability, and neighborhood impact alongside energy efficiency and building performance.
Build America, Buy America (BABA) explained:  What affordable housing developers should know - by Dustin Corbett

Build America, Buy America (BABA) explained: What affordable housing developers should know - by Du...

March 13, 2026
Affordable housing projects are inherently complex. Layered funding, tight margins, and strict timelines leave little room for error. When federal funding triggers Build America, Buy America (BABA) requirements, complexity increases – but that doesn’t have to stop a project.
Governor Healey announces over $140 million  to create more than 1,300 new homes statewide

Governor Healey announces over $140 million to create more than 1,300 new homes statewide

March 13, 2026
Boston, MA Governor Maura Healey announced funding from two programs to jumpstart housing production across the state – approximately $8.4 million from the new Commercial Conversion Tax Credit Initiative (CCTCI) to help communities transform empty or rundown commercial buildings into new homes and $139.5 million in low-income housing tax credits and subsidies
Marcus & Millichap Capital Corp. arranges $10.5 million financing for Framingham multifamily property

Marcus & Millichap Capital Corp. arranges $10.5 million financing for Framingham multifamily propert...

March 13, 2026
Framingham, MA Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $10.5 million in financing for the acquisition of Arlington Commons, a 54-unit multifamily property located at 77-79 Arlington St.
Vigilant Real Estate Holdings secures $15.1m financing for industrial acquisition - arranged by JLL Capital Markets

Vigilant Real Estate Holdings secures $15.1m financing for industrial acquisition - arranged by JLL ...

March 13, 2026
Avon, MA JLL Capital Markets has arranged $15.1 million in acquisition financing for a two-property industrial portfolio totaling 129,380 s/f. The properties at 20 and 40 Ledin Dr. are strategically positioned within the Avon Industrial Park with access to Rte. 24 and I-93.
Bangor Savings Bank hires Connolly as senior mortgage loan officer

Bangor Savings Bank hires Connolly as senior mortgage loan officer

March 13, 2026
Andover, MA Bangor Savings Bank has hired Lourdes Connolly as senior mortgage loan officer, based at the bank’s Andover mortgage loan office. Connolly’s new role will support homebuyers throughout the Greater Boston area and surrounding communities,
MassDevelopment issues $12m tax-exempt bond on behalf of Eagle Hill Foundation of Mass.

MassDevelopment issues $12m tax-exempt bond on behalf of Eagle Hill Foundation of Mass.

March 13, 2026
b>Hardwick, MA MassDevelopment has issued a $12 million tax-exempt bond on behalf of Eagle Hill Foundation of Massachusetts, Inc. Eagle Hill School is a boarding school that provides customized courses of study for students with diverse learning profiles in grades eight through 12.
CM&B hires Andrews as a senior project manager

CM&B hires Andrews as a senior project manager

March 13, 2026
Beverly, MA According to CM&B, Mike Andrews has joined the team as a senior project manager. Andrews brings over 16 years of project management experience and 19 years in the construction industry, specializing in life sciences, hospitality, and commercial projects throughout Greater Boston.
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