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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...
Canada’s GWL Realty Advisors Buys Second U.S. Company
Guggenheim Real Estate maintains headquarters in The Franklin building at 227 W. Monroe St. in Chicago, pictured, and in New York City. GWL Realty Advisors, the real estate arm of Toronto-based insurance company Great-West Life, said it is buying Guggenheim Real...
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...
Header Photo Credit: James L. Woodward