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The steady rise of home mortgage rates is a good-news/bad-news situation, according to CoStar research. While any bump in interest rates makes it harder for would-be homeowners to buy, that’s good for the multifamily sector. A report from CoStar posits that for every...

Beacon Capital Partners has made a splash in Silicon Valley with the purchase of a 16-story high-rise in downtown San Jose for $101.5 million. The Boston-based real estate investment firm paid nearly $481 per square foot to acquire 160 W. Santa Clara St. - the...

Akebia Therapeutics, a biopharmaceutical company focused on the development of novel proprietary therapeutics, signed an eight-year lease for an additional 19,805 square feet of office space at the Kendall Square building at 245 First St. in Cambridge, MA. Akebia has...

A new transit-oriented apartment complex is coming to Walpole, MA, after Corcoran Management Co. acquired a 2.5-acre tract next to the MBTA-Walpole Station for the site of the future development. Corcoran, a residential management firm headquartered in nearby...

FoxRock Properties, a commercial real estate firm in the Greater Boston area, has acquired the 280,982-square-foot flex facility in Lincoln, RI. Albion Crossing was originally developed as the global headquarters for A.T. Cross Co., but has since been redeveloped into...

Calare Properties secured $17.5 million in financing for two high-bay institutional warehouse properties located at 57-59 Daniel Webster Hwy. in Merrimack, NH. The two industrial buildings total 511,000 square feet and are located in close proximity to Route 3, and...

Newmark Knight Frank's valuation and appraisal group has added more than 30 market and specialty practice leaders over the past year. Image credit: NKF Newmark Knight Frank, which continues to aggressively expand its valuation and appraisal business across the...

New York-based MHP Real Estate Services has teamed with Banyan Street Capital of Miami to form one of the nation’s largest private commercial real estate companies with a combined portfolio valued at more than $3 billion. The two firms own and manage office buildings...

Bertucci's, the Boston area-based Italian food casual restaurant chain, today filed for Chapter 11 bankruptcy, requesting the sale of substantially all of its assets, including all 59 of its restaurants remaining in operation, to a bid group called Right Lane Dough...

Bertucci's, the Boston area-based Italian food casual restaurant chain, today filed for Chapter 11 bankruptcy, requesting the sale of substantially all of its assets, including all 59 of its restaurants remaining in operation, to Right Lane Dough Acquisitions LLC, a...