Category: Owners Developers & Managers

Foxborough, MA MassDevelopment has issued a $22.2 million tax-exempt bond on behalf of Walnut Street Phase One 4 LLC to build 80 units of affordable senior housing at 51 Walnut St., a project developed by a joint venture that includes Affordable Housing and Services Collaborative, Inc., Peabody Properties, Inc., and The Onyx Group.

Multifamily housing in the Boston area has experienced some shifts in recent months, owing to a number of reasons, including new supply outpacing new demand and a predicted slowdown in job growth, but is it safe to say that the market remains relatively robust?

Boston, MA BOMA members and guests once again took to the greens down at Pinehills Golf Club on Monday, July 8^th for the annual BOMA Golf Tournament. Thank you to our Tournament Sponsor, C&W Services. It was a fantastic day for members and guests to network with one another.

Cambridge, MA According to Vice President Kamala Harris and HUD Acting Secretary Adrianne Todman, the Biden-Harris Administration is awarding $85 million in grant funding for the first ever Pathways to Removing Obstacles to Housing (PRO Housing) program. HUD general counsel Damon Smith traveled to Cambridge to present the Metropolitan Area Planning Council (MAPC) in Massachusetts with a $3 million award

Boston, MA The Dylan Costello Team of Coldwell Banker Global Luxury has listed the first units at Trimount Place, the latest addition to the Andrew Square neighborhood. The exclusive listing agents for Trimount Place are CEO Dylan Costello, Danny Allen and Farah Fakih.

Boston, MA Vicinity Energy has appointed Kevin Hagerty new chief executive officer and president. Bill DiCroce has led Vicinity and its predecessors as CEO and president since 2012 and will stay on as executive chairman of Vicinity’s board of directors.

Norwood, MA Puritan Restoration, a family-owned company and leader in fire and water restoration and mold remediation, now offers restoration construction to residential, commercial, and industrial clients.

Newton, MA National Development, a leading vertically integrated real estate investment, development, construction, and asset management firm, has expanded its senior leadership team with the appointment of Linda Swain as vice president of marketing and communications.

Brockton, MA Capstone Communities LLC has refinanced its property Station Lofts, a 25-unit mixed-income apartment community. With this refinancing, Capstone secured $150,000 that will be used to make on-site capital improvements to the exterior and interior of the property.

Cambridge, MA The Engine and Dacon Corp. have entered a partnership to support disruptive startups that have the capability to positively change the trajectory of society. This partnership funds affordable access to critical resources such as labs, equipment, programming, mentorship and networking opportunities to early-stage startups.

North Reading, MA Columbia, a MA-based construction management firm has appointed Josh Dretchen director of energy. With nearly two decades of experience in the construction industry, Dretchen most recently served as Columbia’s renewable energy manager.