Category: Multifamily

Burlington, MA Simon has completed a multimillion-dollar revitalization and 130,000 s/f redevelopment at Burlington Mall. Over the past five years, this project has elevated the Burlington Mall experience for customers and the community

Woburn, MA The northern suburbs are abuzz over the latest culinary attraction to join the city’s Washington St. business corridor. Anna’s Taqueria, a long-time Boston favorite, is now serving up authentic Mexican cuisine at 4 Cummings Park.

Three skills that you use every day in your position:  Communication, authenticity and accountability. 

What recent project, transaction or accomplishment are you most proud of?  I’m proud that our team was recently awarded a significant nationwide contract with a national life sciences client. This achievement is the result of a seamless, multi-year effort that integrated Shawmut teams across the enterprise, from coast to coast.

Three skills that you use every day in your position:bIn my role ascChair of Sherin and Lodgen’s real estate department, I rely on three core skills daily. First, negotiation is crucial in securing favorable outcomes for our clients and fostering collaborative relationships. Second, risk evaluation and allocation help me assess potential challenges in transactions,

Three skills that you use every day in your position:  Empathy to understand client’s deeper goals, localized underwriting and negotiation skills.

Arlington, MA BW Kennedy & Co. has hired George Budri as marketing manager. Budri, a Portland, ME native, brings a wealth of experience and a fresh perspective to the marketing efforts. Before joining BW Kennedy, he held the position of general manager and regional marketing manager at Restore

Boston, MA Boston Residential Group (BRG) has secured $90 million in financing to develop 55 India St., the last open development site on the Greenway in downtown. BRG will build a 12-story, glass-facade condominium tower at the site, featuring 29 two- and three-bedroom units

Rochester, NH Real estate development firm, Elm Grove Companies, has started construction of The Rapids On Cocheco, an approved 52-unit workforce housing community at 29 Wadleigh Rd. This will be the company’s ninth venture in the affordable housing arena with other affordable properties in the state totaling 430 apartments

The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units.