By 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 […]
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Developer plans to raze Midtown Hotel to make way for an apartment building
New DevelopmentsLeave a commentBy Liz Neisloss | WGBH | July 20, 2020 Downtown Boston’s office buildings loom over urban canyons, now echoing with the occasional complaint of a seagull. It’s the third phase of reopening in the state — which allows offices to fill to 50 percent capacity — and these buildings are mostly empty because their usual […]
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 More‘We Were Way High’: Reality Of Phased Office Comeback Falls Short Of Landlord Expectations
Downtown OfficeDees Stribling | Bisnow | July 14, 2020 Office space has been open in Massachusetts since Phase 1 of the commonwealth’s reopening plan went into effect on May 25, but office workers and their managers aren’t rushing to return. That doesn’t mean they never will, just that the uncertainty is still too strong. During the […]
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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