Category: Owners Developers & Managers

Boston, MA According to Massachusetts Housing Investment Corp. (MHIC) and Conservation Law Foundation (CLF), their Healthy Neighborhoods Equity Fund (HNEF) II will finance Northampton Residences at 597-599 Northampton St. in the Lower Roxbury neighborhood of the city.

Scituate, MA The Drew Company, a Boston-based, privately held, real estate development and management company, celebrated the grand opening of SkySail at Driftway, the newest transit-oriented mixed-use development, on October 3rd.

Beverly, MA SV Design and Erland Construction completed a new 167,230 s/f six-story, mixed-use property for developer, Beverly Crossing. The Block at Odell Park houses 106 apartments, an array of amenities, and 9,000 s/f of retail space. Constructed on a tight site adjacent to the state’s third busiest commuter rail stop,

Avon, MA The Stubblebine Company/CORFAC International has completed the sale of 108 Bodwell St. to CJ Shaughnessy Crane Service for $11.25 million. The subject property consists of a 51,000 s/f industrial building on 6.33 acres with a clear height of 16’8 – 20’8. Situated off Rte. 24 and less than 10 miles from I-95, the property provides access to all parts north and south in the Commonwealth.

Greenwich, CT CBRE has completed the $15.5 million sale of 53 Forest Ave., a 43,985 s/f office building.  Jeffrey Dunne, Steven Bardsley, Travis Langer, and Daniel Blumenkrantz of CBRE’s Institutional Properties Group represented the owner, Collins 53 Forest LLC, an entity managed by Collins Capital Partners LLC, in the sale. The team also procured the buyer, HBN 53 Forest, LLC, which is managed by HB Nitkin, a regional commercial real estate owner.

Bridgewater, MA MPZ Development LLC (MPZ) and Capstone Communities LLC (Capstone) joined the town, state and local officials, and the community to celebrate the grand opening of The McElwain School Apartments, a new mixed-income housing apartment community located at 242-250 Main St., located outside the town center and Rte. 28 corridor.

Boston, MA Mayor Michelle Wu, and developers from Noannet Group, Cain International and Saunders Hotel Group celebrated the ribbon cutting of the new Raffles Boston at 430 Stuart St. The 35-story property is a new hotel from the illustrious hospitality brand, Raffles Hotels & Resorts.

Boston, MA The Chiofaro Company, one of New England’s leading developers and operators of commercial properties, has added four new additions to the team.

Fall River, MA The Goldman Group, a Boston-based real estate development firm, has received unanimous approval from the Fall River Zoning Board during the monthly meeting for its visionary project at the historic Wyoming Mills, once the home of Duro Industries.

Plymouth, MA The A.D. Makepeace Company and Renewable Energy Development Partners LLC (REDP) are proposing a plan for solar panel canopies installed over some two miles of agricultural canal in a remote section of town. The proposal, which is subject to review and approval by the Plymouth Inspectional Services Department,

West Roxbury, MA B’nai B’rith Housing, Boston mayor Michelle Wu, state and local officials, housing advocates and neighbors and friends of the nonprofit housing organization celebrated the opening of its newest property, Parkway 1208, the first new affordable housing in the area since 2013.

Somerville, MA Shawmut Design and Construction joined real estate investment, development, and asset management firm Rafi Properties (Rafi) to commemorate the steel topping off milestone at 599 Somerville Ave., a new innovation hub of workspaces for life science, tough tech, and research and development.