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| Longwood Towers, a 273-unit luxury apartment complex in Brookline, is reportedly being purchased by pension fund TIAA-CREF for close to $80 million. |
Longwood Towers Complex To Fetch Nearly $80 Million
By Joe Clements
After a spirited competition among investors, pension fund giant TIAA-CREF has reportedly agreed to acquire the luxury Longwood Towers apartment complex in Brookline, industry sources told Banker & Tradesman last week.
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Net Spending Leads To Improving Profits
By Melanie Nayer
Private and public banks are continuing to enhance their Internet banking options to provide better communication channels and better client service, but unlike results during the beginning of the dot-com era, investing in the Internet is providing banks a better return on investment.
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Battle Over Title 5 Regulations Percolating
By Aglaia Pikounis
Environmentalists and public health officials are gearing up for a battle with developers over an effort to change a septic system-testing requirement that could free up thousands of acres for development in the state.
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Citizens, Fannie Mae Program Offers Mortgages for Disabled
By Melanie Nayer
With recent reports identifying Massachusetts as the least affordable state for housing, Citizens Bank and Fannie Mae have found a way to make buying a home affordable and manageable for people living with disabilities.
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Industrial Market in Balance But Sluggish in Third Quarter
By Joe Clements
While its fundamentals are nowhere near as disturbing as the office sector has been in 2002, industrial real estate is nonetheless showing signs of wear from the prolonged economic slump, with third-quarter figures indicating deteriorating conditions and several commercial real estate observers reporting laggard momentum in most Bay State submarkets.
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New NU Web Site Could Help To Create Housing in Boston
By Aglaia Pikounis
Just a week after a new report revealed that housing production in Greater Boston is lagging, professors at Northeastern University announced a plan to launch a tool that makes it easier to develop housing.
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