Category: Owners Developers & Managers

Quincy, MA MountainOne Bank has appointed Marie Harris as vice president, credit administration manager. In this position, Harris oversees all aspects of the credit administration department, including commercial loan underwriting, portfolio review and monitoring, as well as

Hartford, CT Marcus & Millichap has sold a 28-unit apartment property. “Multifamily product in downtown Hartford has outperformed expectations. 385 Main, a well-located asset within the Central Business District with historical significance and outstanding curb appeal, will benefit from this positive momentum,” said Eric Pentore, senior vice president investments.

Boston, MA Noannet Group, Saunders Hotel Group and Cain International, the developers of the new addition to city living, Raffles Boston Back Bay Residences, commence sales for 38 Pied-à-Terre homes. Pied-à-Terre homes allow owners the flexibility to rent their home short term when they are away, either directly or through an agent.

Attleboro, MA In partnership with the Northern Bristol County Assistance Collaborative, Catholic Social Services, Father Bill’s & MainSpring, Massachusetts Alliance for Supportive Housing, Massachusetts Department of Housing and Community Development, BayCoast Bank, and the office of representative James Hawkins, NeighborWorks Housing Solutions hosted a ceremony on the site of what will become the first-ever adult emergency shelter

Sterling, MA According to Maugel DeStefano Architects, the firm has completed the first phase of Northgate Meadows, for the Whitney Companies.  The 216-unit apartment complex, located on Research Dr., will be developed in three phases. Each phase features a 106,000 s/f podium style multi-residential building with four stories of one-and two-bedroom affordable and market-rate units.

Boston, MA SimpliSafe, maker of award-winning smart home security systems, has officially opened the doors to its new corporate headquarters, located at 100 Summer St. The new space, which will eventually total 150,000 s/f, was custom-built in partnership with IA Interior Architects and Commodore Builders to enable SimpliSafe to support its dynamic, hybrid team and advance its founding mission of making every home secure.

Brookline, MA MassDevelopment has issued a $77.9 million tax-exempt bond and a $48.43 million taxable bond on behalf of Puddingstone at Chestnut Hill, LLC, an affiliate of Chestnut Hill Realty Corp., which will use proceeds to build a six-story, 250-unit mixed-income multifamily rental-housing facility on 3.78 acres of undeveloped land at 201 Sherman Rd.

Our Annual Awards of Excellence took place on April 27th at Westin Seaport, and with 400 in attendance, it was such a fabulous evening celebrating our 2022 Chapter’s Leadership and Project Award Winners, as well as the graduating class of the 2022 Cohort of the Young Leaders Professional Development Program. The evening couldn’t have happened without our wonderful sponsors, including our Premier Sponsor, Margulis Perruzzi Architects.

Cambridge, MA NEI General Contracting, an award-winning general contracting firm, has completed a 490,000 s/f occupied renovation of an affordable housing complex for Homeowners Rehab, Inc. (HRI). Located at 808-812 Memorial Dr., the Rivermark complex contains 89 apartments in a 10-story building, 211 apartments in a 19-story building, 38,000 s/f of commercial space, and five levels of parking.

Braintree, MA Megan Stejskal, director of compliance at The Peabody Companies, participated in a recent virtual panel discussion on Affirmative Fair Housing compliance presented by the Boston chapter of Commercial Real Estate Women (CREW). Stejskal addressed the Affordable Fair Housing Marketing Plans and Tenant Selection Plans during the March 30th panel discussion at the CREW Housing and Community Development Committee virtual event.

Leominster, MA David Stubblebine and James Stubblebine, principals of The Stubblebine Company/CORFAC International, coordinated the sale of 101-107 Scott Dr. between HK Shah LLC & RNP Shah LLC, the seller, and New England Wire Products, the buyer. The sale price was $12.4 million. 

Canton, MA Gray, Gray & Gray, LLP has been ranked as the seventh largest independent accounting firm in New England by Accounting Today, the accounting industry’s foremost publication. Gray, Gray & Gray’s annual revenue of $29.5 million represents a rate of growth of almost 10 percent over the previous year.