Category: Owners Developers & Managers

JLL and Kelleher & Sadowsky lease 47,978 s/f at 50 Washington Street

JLL and Kelleher & Sadowsky lease 47,978 s/f at 50 Washington Street

June 2, 2023
Westborough, MA JLL said that the University of Massachusetts (UMass) President’s Office has leased 47,978 s/f at 50 Washington St., a 92,600 s/f three-story office building, to relocate from its Shrewsbury location. With identity on Rte. 9 at the I-495 cloverleaf, the
Building solutions: MEREDA Spring Conference tackles housing crisis

Building solutions: MEREDA Spring Conference tackles housing crisis

June 2, 2023
Portland, ME  On Thursday, May 25th, the Maine Real Estate & Development Association (MEREDA) hosted its annual Spring Conference where some 300 real estate professionals gathered at the Holiday Inn By the Bay, as well as virtually, to discuss solutions to
KIRCO acquires Brookmeadow at Blue Hills senior living community

KIRCO acquires Brookmeadow at Blue Hills senior living community

June 2, 2023
Stoughton, MA KIRCO, a nationally recognized full-service corporate real estate and investment company, has acquired senior living community, Brookmeadow at Blue Hills. This 91-unit assisted living and memory care facility was built in 2009 and presented a compelling opportunity for KIRCO
DeNoble joins Greystar Real Estate Partners, LLC as senior director, life science investment management

DeNoble joins Greystar Real Estate Partners, LLC as senior director, life science investment managem...

June 2, 2023
Boston, MA According to Greystar Real Estate Partners, LLC, a global leader in the investment, development, and management of real estate including rental housing, logistics, and life sciences, Matt DeNoble has joined the company as senior director, life science investment management
Vakili joins Metrowest Commercial Real Estate

Vakili joins Metrowest Commercial Real Estate

June 2, 2023
Southborough, MA Mohammad Vakili has joined Metrowest Commercial Real Estate. Vakili has been an active member of the Metrowest community for over 30 years, and is looking forward to be turning his focus toward commercial real estate. Vakili’s background
Northeast Private Client Group sells 24-unit Belden Sq. for $9.7 million

Northeast Private Client Group sells 24-unit Belden Sq. for $9.7 million

June 2, 2023
Norwalk, CT Northeast Private Client Group (NEPCG) sold Belden Sq. for $9.7 million. Senior VP investments, Brad Balletto, along with senior associates Rich Edwards and Jeff Wright, represented the seller
Boston area mayors sign historic compact committing to DEI standards in real estate development projects

Boston area mayors sign historic compact committing to DEI standards in real estate development proj...

June 2, 2023
Boston, MA Mayors from Cambridge, Lynn, Salem and Somerville joined with leaders from the city of Boston and lieutenant governor Kim Driscoll to sign the CommonWealth Development Compact, committing to historic 25% Diversity, Equity, and Inclusion (DEI) evaluation criteria in public real estate development projects
Massachusetts Housing Investment Corp. and Conservation Law Foundation close second Healthy Neighborhoods Equity Fund totaling $42m

Massachusetts Housing Investment Corp. and Conservation Law Foundation close second Healthy Neighbor...

June 2, 2023
Boston, MA Massachusetts Housing Investment Corp. (MHIC) and Conservation Law Foundation (CLF) completed the closing of the second Healthy Neighborhoods Equity Fund (HNEF), securing commitments from nine diverse investors, including health systems, banks, and foundations. Doubling the size of HNEF I, the $42 million HNEF II is expected to finance over 450 homes
NeighborWorks Housing Solutions cuts ribbon on 18 units in Quincy

NeighborWorks Housing Solutions cuts ribbon on 18 units in Quincy

June 2, 2023
Quincy, MA In partnership with the city and mayor Thomas Koch, Curtis Construction, West-Work Architects, and Father Bill’s and MainSpring, NeighborWorks Housing Solutions celebrated the ribbon-cutting of their newest development,
Sitole named senior vice president at GDG

Sitole named senior vice president at GDG

June 2, 2023
Framingham, MA Grossman Development Group (GDG), has appointed Sujit Sitole as senior vice president. With more than 17 years focused on real estate investment and development in Boston and other markets, the company has strong momentum with key acquisitions and developments in New England and Montana.
Peabody Residential Services promotes Grady to portfolio director

Peabody Residential Services promotes Grady to portfolio director

June 2, 2023
Braintree, MA Peabody Resident Services, Inc. (PRSI), an affiliate of the Peabody Companies, has promoted Marcy Grady to resident services portfolio director. In this role, Grady, who previously held the title of senior resident services manager,