Category: Owners Developers & Managers

Somerville Media Center expands at Rafi Properties’ Somernova

Somerville Media Center expands at Rafi Properties’ Somernova

May 3, 2024
Somerville, MA According to Rafi Properties, owner and operator of Somernova, the 7.4-acre innovation campus and community dedicated to helping people and companies iterate and grow faster, Somerville Media Center (SMC) will expand their footprint at the campus, and open a new media center designed to spark creativity and amplify community engagement.
MassDevelopment issues $24.5 million bond on behalf of TND 170 Cottage LLC for 66-unit affordable housing facility

MassDevelopment issues $24.5 million bond on behalf of TND 170 Cottage LLC for 66-unit affordable ho...

May 3, 2024
Chelsea, MA MassDevelopment has issued a $24.5 million tax-exempt bond on behalf of TND 170 Cottage LLC, an affiliate of The Neighborhood Developers, Inc., which will use proceeds to buy a parcel at 170 Cottage St. where it will build a new 66-unit affordable rental housing facility.
Catalyze completes solar project at 66 Galen St. for Davis and Boston Development Group

Catalyze completes solar project at 66 Galen St. for Davis and Boston Development Group

May 3, 2024
Watertown, MA Catalyze, a clean energy transition company that finances, builds, owns, and operates solar, battery storage, and electric vehicle charging systems for commercial and industrial customers, has completed the operation of a solar and storage project installation at 66 Galen St.
BOMA Boston Update: BERDO roundtable, BOMA Springfest, BOMI courses & summer events

BOMA Boston Update: BERDO roundtable, BOMA Springfest, BOMI courses & summer events

May 3, 2024
Boston, MA BOMA Boston and the Energy & Environment Committee held the BERDO Success: What Do We Do Next? roundtable on April 30th. Moderated by Jim Kelly, commercial account executive, Mantis Innovation, attendees heard about the highs and lows
IREM President’s message: Embracing technology sooner than later

IREM President’s message: Embracing technology sooner than later

May 3, 2024
>No doubt about it – technology is playing an increasingly large role in the property management industry in this post-pandemic era. From “smart homes” to virtual tours that allow prospective residents to view apartments on their own time, the real estate industry
IREM Boston hosts April 23rd Wine and Dinner, new member installation and networking event at Granite Links

IREM Boston hosts April 23rd Wine and Dinner, new member installation and networking event at Granit...

May 3, 2024
Quincy, MA The Institute of Real Estate Management (IREM) Boston Metropolitan Chapter No. 4 hosted its annual Wine and Dinner, installation of new members and networking event at Granite Links Ballroom on Tuesday, April 23rd.
IREM Boston to hold June 5th Vendor/Industry Partners Expo

IREM Boston to hold June 5th Vendor/Industry Partners Expo

May 3, 2024
Quincy, MA The Institute of Real Estate Management Boston Metropolitan Chapter No. 4 will host a Mini Education Tradeshow and Industry Partners Vendor Expo at Granite Links Ballroom on Wednesday, June 5th.
Is your condominium project on  Freddie Mac’s Not Eligible List? - by Dawm Bauman

Is your condominium project on Freddie Mac’s Not Eligible List? - by Dawm Bauman

May 3, 2024
Freddie Mac opened access to the list of condominium and housing projects it categorized as “not eligible status.” Condominiums and housing cooperatives may be placed in this category due to potential noncompliance with lending guidelines.
IFMA Boston hosts Conversations over Cocktails at The Yard House  at Lynnfield Marketplace April 9th

IFMA Boston hosts Conversations over Cocktails at The Yard House at Lynnfield Marketplace April 9th...

May 3, 2024
Boston, MA On April 9th IFMA Boston members met at The Yard House at Lynnfield Marketplace for Conversations over Cocktails. These casual events are always popular, and the goal is to bring together members where they live or work.
JLL’s Hotels & Hospitality group arranges $171 million sale of Hilton Back Bay hotel on behalf of the seller, Ashford Hospitality Trust

JLL’s Hotels & Hospitality group arranges $171 million sale of Hilton Back Bay hotel on behalf of ...

May 3, 2024
Boston, MA JLL’s Hotels & Hospitality group arranged the $171 million sale of the Hilton Back Bay, a 390-key hotel. JLL worked on behalf of the seller, Ashford Hospitality Trust, and procured the buyer, which was a joint venture between Certares and Belcourt Capital Partners.
WinnCompanies and Opal Real Estate Group hold ribbon cutting at ThirtyOne Elm - an adaptive reuse development

WinnCompanies and Opal Real Estate Group hold ribbon cutting at ThirtyOne Elm - an adaptive reuse de...

May 3, 2024
Springfield, MA WinnCompanies and development partner Opal Real Estate Group joined with federal, state and local leaders to formally open ThirtyOne Elm, an adaptive reuse development bringing 74 apartments and 13,000 s/f of retail and commercial space to downtown.
Associated Construction names McConnell as new vice president

Associated Construction names McConnell as new vice president

May 3, 2024
Hartford, CT The Associated Construction Company has promoted Kevin McConnell to the position of vice president. In this new capacity McConnell will continue to be a partner