Boston Mayor Michelle Wu Wu and her team deserve credit for first pouring so much effort into outreach at the intersection of Massachusetts Avenue and Melnea Cass Boulevard. But Beacon Hill and business owners need to step up to help build longer-term solutions.
If ever we needed a crystal ball, it would be now. Since the start of the pandemic, banks have dealt with unprecedented disruptions and challenges. It appears that 2022 may be no different.
I’ve been in the business long enough to remember when the prime rate was set at 22 percent. I’m not saying that’s going to happen, but even if the prime rate doubles, companies’ ability and desire to borrow would change dramatically.
MLK Day is always a hard one for me because the celebration presents as performative and highlights our continued hypocrisy with race. Take some time to learn about the evolution of his leadership in civil rights and how his journey evolved into being a movement dominated by concepts of economic justice and equity.
Think single-family prices have gotten out of hand in Greater Boston? Well, wait till you see what’s happened with the backbone of the local apartment market, small rental properties. Now, an inevitable backlash is building.
The omicron variant remains a threat to the long-term recovery of Greater Boston’s many restaurants, forcing owners to implement novel and unconventional methods in order to stay open.
Captain – or, rather, Federal Reserve Chair – Jerome Powell made an important admission before members of Congress last week.
Homebuilders are an optimistic bunch. They normally purchase land or finished lots, spend thousands on lumber and myriad other materials, and start putting up houses – often before the first customer walks in the door. That’s not the case now, though, and hasn’t been for months.
Avison Young Principal Michael Buckley, Jefferson Apartment Group Senior Vice President Sandi Silk, JLL Boston Managing Director Chris Decembrele and BioMed Realty Director of Leasing Alex Mancuso join Banker & Tradesman CRE editor Steve Adams in a conversation surveying the outlook for 2022.
As they grapple with one of the worst housing shortages in the country, one of Cape Cod’s top housing advocates is looking for help from a seemingly unusual source.
Banker & Tradesman turns 150 in 2022. I marvel at the fact that the very germ of the idea that propelled my great-grandfather into this business is exactly what we do today.
Real estate commission rates are just one step below fixed, according to a new report from the Consumer Federation of America. And rising home prices are handing ammunition to those who say that has to change.
We are asking the court to order DHCD release records on rental assistance applications, so we can see whether problems in the application process discriminated against renters of color and their landlords.
Some people in Washington, D.C. are taking “alternative facts” to a whole new level.
Zillow also announced a game-changing partnership with DownPaymentResource.com last month that will add down payment assistance information to each listing. Believe it or not, this can be a boon for a real estate agent’s business.
Square footage always increases in slow markets when the only people buying new houses are middle- and upper-income earners. But when the market speeds up, builders try to go smaller in an attempt to capture a larger share of sales.
Massachusetts’ new transit-oriented zoning law has the potential to restore town centers and bring rental prices down to a more affordable level. But it needs the help of workers and businesspeople in the Massachusetts real estate industry to succeed.
While officials in the deep-blue town in the shadow of Cambridge are adept at spouting platitudes about the need for affordable housing, their actions show otherwise as their battle against a Chapter 40B proposal approaches its seventh year.
With 2021 ending a lot like 2020. Why not just give last year’s resolutions another try?
As 2021 turns into 2022, everything old seems new again as COVID-19 cases rise, seemingly out of control and ready to upend the economy yet again. But the past 12 months have also seen some major changes that will echo into the next 12 and beyond.