Blog

Cronin Development Secures $341 Million in Financing for 22-Story Condominium Project in Downtown Boston
Image Credit: Elkus Manfredi Locally-based Cronin Development secured $371 million in construction financing and joint venture equity for the development of the St. Regis Residences, a 22-story condominium tower that's being built on one of the last developable...

Want to Do a Transit Project? Don’t Forget the Patience
Hub on Causeway, a mixed-use, transit-oriented development at 100 Causeway in Boston, at the site of the now-demolished Boston Gardens sports arena. Here’s the good news for developers dreaming of building a massive project with apartments, offices, stores and...

Thor Equities Buys Norwood Medical Center for $23.5 Million
New York-based private equity firm Thor Equities purchased a three-story medical office building in Boston suburb Norwood for $23.5 Million, or approximately $255 per square foot. Thor Equities purchased the property, dubbed Norwood Medical Center, from Newton,...

Texas-Based Hotel REIT Buys Watertown Residence Inn for $71 Million
Hotel real estate investment trust Summit Hotel Properties purchased a Residence Inn by Marriot in Boston suburb Watertown for $71 million, or about $473,000 per unit. The Austin, Texas-based firm acquired the hotel from its developer, locally based Boylston...

Want to Do a Transit Project? Don’t Forget the Patience
Hub on Causeway, a mixed use, transit-oriented development at 100 Causeway in Boston, at the site of the now-demolished Boston Gardens sports arena.Here’s the good news for developers dreaming of building a massive project with apartments, offices, stores and...

Thor Equities Buys Norwood Medical Center for $23.5 Million
New York-based private equity firm Thor Equities purchased a three-story medical office building in Boston suburb Norwood for $23.5 Million, or approximately $255 per square foot. Thor Equities purchased the property, dubbed Norwood Medical Center, from Newton,...

Hotel REIT Buys Watertown Residence Inn for $71 Million
Hotel real estate investment trust Summit Hotel Properties purchased a Residence Inn by Marriot in Boston suburb Watertown for $71 million, or about $473,000 per unit. The Austin, Texas-based firm acquired the hotel from its developer, locally based Boylston...

Texas-Based Hotel REIT Buys Watertown Residence Inn for $71 Million
Hotel real estate investment trust Summit Hotel Properties purchased a Residence Inn by Marriot in Boston suburb Watertown for $71 million, or about $473,000 per unit. The Austin, Texas-based firm acquired the hotel from its developer, locally based Boylston...

Greystar Picks Up 230-Unit Apartment Complex in Suburban Boston for $89.3 Million
In part of its strategy of acquiring transit-oriented properties in rapidly expanding neighborhoods in metropolitan Boston, multifamily investor Greystar purchased a 230-unit apartment complex in the northern Boston suburb Revere for $89.25 million, or about $446 per...

Developer Plans to Start Building This Week on Tallest Tower in Downtown Boston
Work on Millennium Partners' Winthrop Square development is set to get underway in downtown Boston. Construction is set to begin this week on the tallest tower in downtown Boston, a building that will cast a much-debated and negotiated shadow over the iconic Boston...
Header Photo Credit: James L. Woodward