By Real Estate Alert | June 17, 2020 Another Boston apartment building has traded at a valuation agreed to before the coronavirus pandemic struck. Akelius Residential, a Swedish investment shop, paid $21.9 million this month for the 54-unit building at 49 Worthington Street. The $406,000/unit valuation translates to a capitalization rate of roughly 3.75%. Boutique […]
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Viewing posts from: November 2000
Boston luxury condos have always been in high demand, with expansions from the inner city to the Seaport. Like many markets across the country, tenant activity and demands have evolved and the development process was halted. What communication with tenants is being had? Are developers noticing that tenant design demands are changing? Will rentals numbers […]
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12Jun
Boston Realty Advisors Guides LMA Apartment Deals to $64M+ in Sales Amid Covid-19 Strife
Capital MarketsBy Joe Clements | The Real Reporter | June 12, 2020 BOSTON—With this city’s 213-acre Longwood Medical Area hosting a legion of top physicians and researchers, investors worldwide have been stirred by the chance to house those professionals in its surrounding neighborhoods, and that desire is being credited for three springtime apartment trades brokered by Boston […]
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By Jon Chesto | Boston Globe As few as one out of five employees will spend all workdays in the office Six months ago, LogMeIn chief executive Bill Wagner never would have imagined he would hire his next chief financial officer without meeting him in person first. Wagner would have said that’s crazy. Not anymore. Sure, […]
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11Jun
Teleheath Gets A Sudden Boost From The Pandemic. Can Hospitals Handle It?
Boston Commercial Real EstateBy Dees Stribling | Bisnow National | June 11, 2020 The coronavirus pandemic has given a boost to telehealth every bit as strong as it has for Zoom and other videoconferencing platforms, but the long-term use of the technology is still uncertain — along with its impact on healthcare real estate. “We had a system […]
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