There’s no escaping the next real estate downturn: the only question is when it will hit. The signs of softening – slowing home sales and slowing price growth – are already readily apparent both in Greater Boston and in major markets across the country.
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The recent Chapter 11 filings by Sears and Toys R Us offer additional signs that conventional retailers – and the properties they anchor – face an uncertain future.
The importance of state legislative races is often lost in the hype surrounding national midterm elections.
What’s been happening to that good old-fashioned American way to sell your home – doing it yourself, with minimal or no commission costs?
A time-honored tradition continues.
While prices of trophy commercial buildings have plateaued and transaction activity has cooled in Boston, one real estate category is testing new limits of what investors are willing to pay for a chance at a monster payoff down the road. Four redevelopment parcels totaling over 63 acres – all located a short ride on the Red Line from downtown – are on the market, offering a blank slate for new office, lab and residential projects. But each has limitations, as well as uncertainties about how much density will be allowed, adding an element of guesswork to the bidding wars.
With this bold, modern redesign and expansive new amenity spaces, we have converted the property into an appealing location for a diverse tenant base, including marine, industrial, high-tech, R&D and innovation firms seeking a one-of-a-kind urban waterfront environment.
Scott Budde previously worked in the investment management arm of TIAA and would go on to create the first division of the bank focused on social and impact investing strategies. Now he’s part of a group of stakeholders launching the first ever credit union in the country to lend exclusively to farmers and food entrepreneurs.
The accolades – and confetti – that have rained down on the Red Sox are well deserved.
Sports fans and North Station commuters will start to see big changes next month as the TD Garden unveils a 50,000-square-foot expansion and renovation including new concessions, a members-only social club and a new entrance on Causeway Street.
Two mutual banks in Southeastern Massachusetts are merging.
Kinlin Grover Real Estate, a subsidiary of The Randall Family of Companies, has completed its acquisition of Real Estate Associates of Cape Cod.
Rockland Trust will complete its merger of Milford National Bank and Trust and its parent within the next few days.
Fast-casual chain Pokeworks will bring its Hawaiian seafood-themed menu of specialty bowls, poke burritors and salads to Watertown’s Arsenal Yards in 2019, developers Boylston Properties and The Wilder Cos. announced.
The majority of community banks and credit unions in Southern New England have started planning their adoption of the new Current Expected Credit Loss accounting method, but most have yet to identify exactly how they will implement this new standard.
Massachusetts’ financial institutions and real estate firms are stepping up this holiday season.
The Newton-Needham Regional Chamber has received a $25,000 grant from the Massachusetts Collaborative Workspace Program to help the Newton Innovation Center (NIC) find a new home after outgrowing its current space.
ExaGrid Systems, a manufacturer or portable data storage devices, will relocate its corporate headquarters to Marlborough after leasing nearly 41,000 square feet at 350 Campus Drive.