As markets across the U.S. adjust to the new normal, developers and investors are looking for development opportunities outside of major cities, and Boston is no exception. Neighborhoods like Newton or Waltham are seeing a surge of investment during the pandemic. Why now? Join Bisnow, Patrick Mulvhill, SVP of Leasing at Boston Properties, Ginger Dhaliwal, co-founder […]
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Developer plans to raze Midtown Hotel to make way for an apartment building
New DevelopmentsLeave a commentBy Tim Logan | Boston Globe | August 12, 2020 It’s another sign of continued confidence in Boston’s housing market, despite the pandemic The Midtown Hotel could soon be no more. Developers on Wednesday filed plans with the city to tear down the mid-century motor inn on Huntington Avenue and replace it with a 10-story apartment […]
Read MoreThe demise of cities? Not so fast: Metro home prices skyrocket in Q2
BRA ResidentialLeave a commentDespite forecasts of people fleeing cities en masse, home prices grew in 96% of metros in the second quarter, according to the National Association of Realtors BY PATRICK KEARNS | INMAN | August 12, 2020 Prices for single-family homes grew annually in 96 percent of metro markets tracked by the National Association of Realtors (NAR) in the second […]
Read MoreBy Dees Stribling | Bisnow | August 24, 2020 During the 2010s, suburban office space lost its luster to the activity of the city and the charms of walkable neighborhoods. Downtown Boston and its tall towers all seemed shiny and new. A few months of pandemic has suddenly refocused companies and their workers back to the suburbs, but […]
Read MoreCMBS plays a significant role in the CRE Multifamily lending market. The CMBS product provides access to non-recourse capital for a broad range of borrowers and property types. In the current environment it is even more crucial to understand terminology to be effective in today’s fluctuating market. The Mortgage Bankers Association has broken down common jargon of […]
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