Residential Real Estate
Buy as a Group, Ditch the Guilt Over Vacation Home
By Lew Sichelman | Special to Banker & Tradesman | Sep 15, 2019 | ReprintsAfter a run of bad publicity and flagging sales, the business is enjoying renewed vigor. Timeshare sales increased in 2018 – the ninth straight year – rising nearly 7 percent to $10.2 billion.
The Legislature Is Hitting the Halfway Point: What Does That Mean for Commercial Real Estate?
By Tamara Small | Special to Banker & Tradesman | Sep 15, 2019 | Reprints | Unlock Link
While it is nearly impossible to predict how the session will end, legislative leaders have expressed an interest in tackling some significant policy issues including tax revenue, housing and climate change.
Seaport Developer In Talks With More Office Tenants
By Steve Adams | Banker & Tradesman Staff | Sep 13, 2019 | Reprints | Unlock LinkAfter landing big leases from Amazon and Foundation Medicine for new office buildings in Boston’s Seaport District, WS Development is seeking approval to accommodate more commercial tenants.
Millbury Apartments Sold to DC Investor for $17.5M
Sep 12, 2019 | Reprints | Unlock LinkA Washington, D.C. real estate investor has acquired the 112-unit Cordis Mills apartment complex in Millbury for $17.5 million from R.H. White Cos.
Cambridge Housing Activists Turn to Election Strategy
By Steve Adams | Banker & Tradesman Staff | Sep 11, 2019 | Reprints | Unlock LinkHousing activists are looking to pro-development candidates in Cambridge’s November election following the city council’s decision not to act upon a proposed citywide affordable housing overlay district.
Estate Tax Targeted to Keep Capital in Mass.
By State House News Service | Sep 11, 2019 | Reprints | Unlock LinkA long-running debate over the state’s estate tax revived on Beacon Hill as the Revenue Committee took up bills Tuesday calling for reforms or outright abolition of the levies charged when assets are passed along following a person’s death.
Mnuchin: Gov’t. Support Still Needed to Keep Mortgage Rates Low
By The Associated Press | Sep 11, 2019 | Reprints | Unlock LinkTrump administration officials on Tuesday defended their plan to Congress for ending government control of mortgage finance giants Fannie Mae and Freddie Mac, clashing with Democratic senators on whether the change would raise home borrowing costs and neglect lower-income homeowners.
Business Confidence Ebbs After Rising in July
By State House News Service | Sep 11, 2019 | Reprints | Unlock LinkEvery element of Massachusetts employer confidence is lower than it was a year ago after a tumultuous August of escalating trade tensions sank business sentiment, an Associated Industries of Massachusetts survey found.
DeLeo Cautious in Face of Calls to Pass Housing Bill by Year’s End
By State House News Service | Sep 10, 2019 | Reprints | Unlock LinkDespite calls from housing experts, municipal leaders and Gov. Charlie Baker himself, House Speaker Bob DeLeo said he wasn’t ready to commit to passing a bill aimed at spurring housing production by the end of 2019.
Firm Looks to Bring Group Ownership to Luxe Cape Vacation Homes
Sep 10, 2019 | Reprints | Unlock LinkA firm that specializes in group buys of vacation homes is seeking investors in to launch a new luxury real estate product that offers a new spin on the old timeshare concept.
115 Housing Units Proposed in Roslindale Redevelopment
By Steve Adams | Banker & Tradesman Staff | Sep 10, 2019 | Reprints | Unlock LinkThe Home for Little Wanderers is seeking to redevelop a 2.5-acre Roslindale property, demolishing its existing offices and constructing two buildings containing 22 units of housing for clients and 93 apartments and condos marketed to the public.
St. Regis Ramps Up Sales Center in Seaport
Sep 10, 2019 | Reprints | Unlock LinkA waterfront sales center at 250 Northern Ave. is showing off the available finishes and vistas at the future St. Regis Residences, Boston condominium tower which is scheduled to open in 2021 in the Seaport District.
Boston ZBA Member Resigns, Building Official Steps Away Amid Probe
By Steve Adams | Banker & Tradesman Staff | Sep 9, 2019 | Reprints | Unlock LinkBoston zoning board of appeals member Craig Galvin has submitted his resignation and former head of inspectional services William “Buddy” Christopher is on a leave of absence amid a continuing federal probe of Boston city hall.
Federal Realty Hints at Assembly Square Expansion
By Steve Adams | Banker & Tradesman Staff | Sep 9, 2019 | Reprints | Unlock LinkKmart’s pending closure at Somerville’s Assembly Marketplace could open the door for redevelopment of a 6-acre big-box property next to the successful Assembly Row project.
Study Finds Boston Housing Market at Moderate Risk in Downturn
Sep 9, 2019 | Reprints | Unlock LinkA new study from Redfin has found Boston’s housing market is at a middling risk of declining prices or other negative impacts in the event of an economic slowdown.
Baker Offers Money to Central Mass., Cape Towns With Water Contamination
By State House News Service | Sep 9, 2019 | Reprints | Unlock LinkA supplemental spending bill Gov. Charlie Baker filed on Friday includes millions of dollars in new money to help cities and towns test for and treat certain chemical contaminants in their drinking water.
Personnel File
Sep 9, 2019 | Reprints | Unlock LinkMembers of the banking and real estate communities were on the move this week, with many promotions and new hires.
Robotics, 3D Printing Far from Mainstream in Homebuilding
By Lew Sichelman | Special to Banker & Tradesman | Sep 8, 2019 | ReprintsNowadays, only a handful of residences are built entirely in a factory. Many more are built with factory-built components, such as floor and roof trusses, that are delivered to the building site. But no GM or Ford Motor Co. has emerged to take the industry by storm.
Are Bidding Wars Cooling Off in Boston?
Sep 5, 2019 | Reprints | Unlock LinkThe Boston housing market may have just set another price record in July, but a new survey from Redfin suggests that bidding wars in the area could be calming down.
Polito Wants Housing Bill by Thanksgiving
By State House News Service | Sep 5, 2019 | Reprints | Unlock LinkFlanked by housing and economic development officials whose tenures in state government date back to 2004, Lt. Gov. Karyn Polito called on lawmakers to pass the Baker administration’s housing production bill in the next 11 weeks.
