News: Owners Developers & Managers

Boston Residential Group, developer of Olmsted Place, begins leasing

Boston Residential Group, the developer of Olmsted Place, is now leasing apartments in the LEED Silver building that opens onto Boston's Emerald Necklace and offers city-dwellers a close connection to open spaces. Boston Residential Group will manage the property and will guarantee maintenance requests are serviced within 24 hours. Designed with a blend of natural beauty and contemporary convenience, Olmstead Place features 196 studio, one-bedroom, two-bedroom and three-bedroom apartments that are a 10-minute walk from the Longwood Medical Area and the Arnold Arboretum. Life at Olmstead Place offers access to amenities, including an outdoor pool, coffee lounge, fitness center, private dining room and full-service concierge. Units range in size from studios at 530 s/f to three-bedroom/two-bath apartments at 1,300 s/f. Located on the former site of the Home for Little Wanderers at 161 South Huntington Ave., Olmstead Place apartments have six-foot-high windows and nine-foot-high ceilings that maximizing outside views and provide an airy, open feeling. The main living spaces offer light wood flooring; bedrooms have custom broadloom carpet. Kitchens have stainless steel appliances and shaker style cabinets with dark bronze accents. Bathrooms are contemporary and feature tiled showers and floors. "Our inspiration for this building comes from Frederick Olmstead himself. We are steps from Jamaica Pond, and wanted Olmstead Place to feel like an extension of the Emerald Necklace. The natural materials and large windows provide a direct connection to the park outside. Olmsted Place gives residents a sense of serenity in the middle of Boston's most eclectic and dynamic neighborhood," said Kemeny. The building's lobby is a two-story, glass enclosed space with a clear invitation onto the Emerald Necklace. There is a storage room for bicycles and 156 underground parking spaces.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary