Viewing posts from: Hospitality
27Apr
Odds Favor A Diverse Economy Like Boston’s in The Painful Recovery
Capital Markets

By Dees Stribling | Bisnow | April 20, 2020 The future of Boston commercial real estate is facing a barrage of hard questions. A recession is here, but how deep will it be and for how long? How will turmoil reshape the local commercial market, and will recovery be as painful as everyone now fears? […]

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03Jun
FAQ on Boston CRE
Boston Commercial Real EstateLeave a comment

How should I approach value today? Property valuations of non-hospitality related asset classes are down approximately 5% – 10% with many investors requiring a ‘credit’ guarantee on all rents for new acquisitions. We are also starting to see a systemic shift in underwriting, with a drastically more conservative outlook on vacancy, future rent projections, and […]

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03Feb
Fenway apartments sold for $28.5M
Capital Markets

By Catherine Carlock  – Real Estate Editor, Boston Business Journal | Jan 31, 2020 An affiliate Boston-based The Davis Cos. has acquired 77-81 Park Drive, a 55-unit apartment complex in Boston’s Fenway neighborhood, for a combined $28.5 million, or $518,000 per unit. The two-building complex includes 23 parking spaces. It’s immediately adjacent to the Back Bay Fens across […]

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