Private student housing developer Scape has acquired its second property in Boston, this time paying $39 million for a Fenway property where another developer had proposed a 29-story tower that drew objections from the Boston Red Sox and neighborhood groups.
The parent company of Webster Bank reported a profitable first quarter to start the year and the closing on a purchase of a large residential real estate portfolio in Eastern Massachusetts.
Newton-based National Development has bought another parcel at the intersection of Old Colony Avenue and Dorchester Avenue in South Boston as it continues assembling property for what is expected to be another large project.
Most of Massachusetts’ population growth since 2010 has been focused in Suffolk, Middlesex and Essex counties, according to U.S. Census Bureau data released late last week.
A developer is proposing a housing development just off of VFW Parkway in West Roxbury.
A state representative from Cambridge wants to raise the state’s capital gains tax in order to generate more than $1 billion in new revenue for the state each year, but at least one fiscal watchdog worries that could backfire by discouraging investment.
Amid growing warnings about declining access to affordable housing in Massachusetts, advocates are urging lawmakers to ramp up investments in key programs beyond what was already proposed in the state House leadership budget.
Who’s been promoted? Who’s been hired? See the latest personnel moves in the banking and commercial real estate industries in this week’s Personnel File.
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