The Massachusetts Association of Realtors reported today that buyer demand pushed pending home sales up in January more than 10 percent compared to the same time last year.
The nationwide fore closure inventory declined by 30 percent in December 2016 and completed foreclosures declined by 40 percent, compared to December 2015, according to a report released today by CoreLogic, a global property information and analytics firm.
Tatte Bakery & Cafe has leased 2,900 square feet of ground-floor retail space at 1350 Boylston, a 212-unit luxury apartment tower under construction by Skanska USA Commercial Development.
On the brink of potential elimination a year ago, the Green Line Extension has steadily progressed to the point where design-build bids should go out by this spring and a finance plan should be submitted to federal overseers by March, according to the state’s timeline.
Canadian pension fund manager Oxford Properties Group has picked up its eighth office building in Greater Boston in a $202.5-million joint venture with Israeli real estate company AlonyHetz Properties and Investments Ltd.
AEW Capital Management has acquired the grocery-anchored Lincoln Plaza on Route 3A in Hingham for $41.3 million.
Lisciotti Development has obtained $33.5 million in financing for Orchard Hill Park, a 190,000-square-foot power center in Leominster.
Daniel Tarullo will resign from the Federal Reserve Board of Governors effective in April, he said in a letter to the president on Friday.
A Hopkinton developer and installer of solar energy systems recently announced it achieved a record-breaking year in 2016, with 115 sites and more than 26 megawatts (MW) in total solar output.
Citizens Bank wants to play matchmaker for its commercial banking clients with a new fintech platform aimed at connecting business owners with potential partnerships.
Blue Hills Bank, Cushman & Wakefield and Fidelity Bank are among those institutions announcing changes to personnel in this week’s roundup.
The best quarterly sales pace of the year pushed available housing supply to record lows and caused price appreciation to slightly speed up in the final three months of 2016, according to the latest quarterly report by the National Association of Realtors. The report also revealed that sales prices in over half of measured markets since 2005 are now at or above their previous peak level.
Emergency communications software company Everbridge has leased 46,000 square feet at the recently-renovated 25 Corporate Drive in Burlington with an option to expand to more than 70,000 square feet within two years.
BSB Bancorp posted strong earnings driven by core deposits in the fourth quarter last year, representing the 14th consecutive quarter of growth for Belmont Savings Bank.
Perhaps in response to increased regulatory scrutiny of commercial real estate loans, banks tightened standards on CRE loans during the fourth quarter, according to the Federal Reserve’s latest senior loan officer survey of bank lending practices.
First-time homebuyers are finding it increasingly difficult to purchase a home in Massachusetts as prices and low inventory have significantly increased competition in the market, according to the 2016 Massachusetts Profile of Home Buyers and Sellers from the National Association of Realtors.
Bridgewater Savings Bank, Cummings Properties and SpencerBANK are featured in this week’s roundup of organizations giving back to their communities.
More office and multifamily buildings would be built on 12.5 acres of surface parking in Boston’s Seaport District under W/S Development’s development plan for the parcels it acquired in late 2015 for $359 million.
Boston-based Davis Cos. has begun construction of Alewife Research Center, a lab building that will be positioned to attract spillover demand from life science companies unable to find space in Kendall Square.
More than a third of bank and credit union professionals (34 percent) store consumers’ FICO scores on a monthly basis, but given the approaching requirements of CECL, they may want to rethink that approach, financial analysis firm Sageworks said recently.
- Leather District Parking Garage Sale Could Spur Redevelopment
- Assembly Row Announces Next Wave Of Restaurants, Outlets
- Boston Landing Announces First Three Retail Tenants
- Canadian, Israeli Investors Acquire HubSpot Offices For $202.5M
- Grocery-Anchored Shopping Center Sold To AEW Capital