News - Boston

  • Former MA Campus Building to Become Memory Care Facility

    Benchmark Senior Living is developing the adaptive reuse and extension of a former Andover Newton Theological School campus building. The new memory care facility will incorporate 50 units.

    21 February 2018 20:48
  • Affordable Boston Communities Land $11M Loan

    East Boston Community Development Corp. plans to extend the affordability of 111 units in the eastern part of the metro. MassHousing arranged the transaction.

    15 February 2018 14:19
  • Boston Affordable Senior Portfolio Lands $136M Refi

    Symphony Plaza was constructed in 1980 and comprises two neighboring buildings. Masshousing closed the refinancing, allowing for significant on-site improvements and extending affordability for at least 30 years.

    14 February 2018 19:24
  • Top 10 Boston Completions of 2017

    Developers focused on upscale properties, but also considered local regulations and incentives regarding the need for affordable units. Yardi Matrix rounded up the 10 largest deliveries in 2017’s Boston.

    14 February 2018 15:09
  • Top 10 Boston Apartment Owners

    Despite rising multifamily property prices, the city has been attracting attention from major investors due to its growing economy and population, as well as its relative affordability.

    09 February 2018 14:11
  • Boston Conversion Project Lands $160M in Financing

    The Archer Residences at Beacon Hill is a redevelopment project of the former Suffolk University Law School buildings, set to bring 70 luxury condominiums to the Beacon Hill neighborhood.

    08 February 2018 10:24
  • Affordable Community to Replace Former MA Mill

    MassHousing closed on $17.1 million in financing for the development of a 102-unit affordable housing community in Lawrence, involving the preservation of a former industrial property and remediation of a brownfield site.

    01 February 2018 15:09
  • Rents Rebound Amid Boston Building Boom

    The metro’s economy remains on sound footing, generating high-paying jobs at a fast rate and driving demand for upscale housing.

    29 January 2018 17:39
  • CBRE Closes Sale of Garden-Style MA Community

    After the expiration of the original affordable restrictions, the 102-unit community in Stoughton, Mass.,underwent significant renovations, including landscaping and parking improvements.

    15 January 2018 19:40
  • Fairfield Residential Sells 133-Unit Boston Asset

    CBRE facilitated the sale of Baker Chocolate Factory Apartments, a three-building property converted for residential use in the 1980s.

    15 January 2018 15:21
  • Boston’s Bulfinch Crossing Lands $250M in Financing

    HFF arranged a construction loan for the 46-story residential tower at Bulfinch Crossing, which is set to become the tallest rental community in Boston.

    09 January 2018 12:48
  • Boston Community Commands Record-Breaking Price

    CLPF Residences at Seaport has acquired Watermark Seaport from Skanska and Twining Properties for $60 million. The deal represents the highest price paid per unit for a multifamily project in the city.

    02 January 2018 18:25
  • MA Affordable Housing Project Lands $23M

    MassHousing arranged the financing through JP Morgan Chase on behalf of Just-A-Start for the renovation and reconstruction of 112 affordable units in Cambridge, Mass.

    22 December 2017 19:58
  • BPDA Approves 3 Small Boston Communities

    The developments are part of a larger set of projects which passed at BPDA’s December meeting. Together, they are expected to bring online 97 units and more than 8,000 square feet of retail space.

    22 December 2017 10:09
  • 10 Largest Multifamily Properties in Boston

    The city's multifamily market continues to be one of the most stable in the U.S., while its long-term fundamentals create and attract high-skilled workers. However, the area faces a housing shortage due to high demand.

    19 December 2017 16:24