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Hilco Redevelopment Partners Welcomes First Electronics Corporation as its First Tenant in Braintree

Hilco Redevelopment Partners is excited to announce that First Electronics Corporation has officially become its inaugural tenant in Braintree.

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Hilco Redevelopment Partners (HRP) has announced that 400 Wood Road, a 157,000 square foot Class-A GMP/advanced manufacturing facility in Braintree, MA, has welcomed The First Electronics Corporation (FEC) as its first tenant. FEC specializes in custom electrical assemblies for harsh environments. To celebrate FEC’s occupancy and the resulting investment and job creation, a ribbon-cutting ceremony […]

Hilco Redevelopment Partners is excited to announce that First Electronics Corporation has officially become its inaugural tenant in Braintree. Read More »

Availability of Lots for New Homes Drops Year-Over-Year

The number of available lots for new homes has decreased compared to the previous year.

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According to the most recent New Home Lot Supply report from Zonda, in Q1 2024, there was a tightening of lot supply year-over-year across the U.S. The report notes that lot inventory remains “significantly undersupplied” in most markets, and this trend reflects the increased construction activity in recent quarters. Ali Wolf, the chief economist at

The number of available lots for new homes has decreased compared to the previous year. Read More »

B’nai B’rith Gets $22 Million Tax-Exempt Bond to Build Mixed-Use Building in Boston’s Hyde Park Neighborhood, Featuring Affordable Senior Rental Housing

B’nai B’rith Secures $22 Million Tax-Exempt Bond for Development of Mixed-Use Building in Boston’s Hyde Park Area, Including Affordable Senior Rental Units

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MassDevelopment has approved a $21,816,800 tax-exempt bond for CCC River LLC, a subsidiary of B’nai B’rith Housing of New England, Inc. The funds will be used to construct a mixed-use building in Boston’s Hyde Park neighborhood, which will include 63 units of affordable senior rental housing and ground-floor retail space. The new building will replace

B’nai B’rith Secures $22 Million Tax-Exempt Bond for Development of Mixed-Use Building in Boston’s Hyde Park Area, Including Affordable Senior Rental Units Read More »

Breakthrough Properties Welcomes Three Biotech Companies to One Canal Development in Cambridge

Three biotech companies have been welcomed to the One Canal Development in Cambridge by Breakthrough Properties.

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Boston – Breakthrough Properties, a prominent global developer, owner, and operator of life sciences real estate, has announced that it has secured agreements with several mission-driven biotech companies to occupy One Canal by Breakthrough, its recently redeveloped four-story lab and office building in East Cambridge, Massachusetts. Prebuilt suites across two floors of the high-quality research

Three biotech companies have been welcomed to the One Canal Development in Cambridge by Breakthrough Properties. Read More »

Supreme Court Rules Government Can’t Use Permit Process to Coerce Property Owners

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The Pacific Legal Foundation recently announced that the U.S. Supreme Court ruled unanimously that legislatures cannot use the permit process to coerce owners into paying exorbitant development fees.  They say this ruling is a major victory for property rights, remove costly barriers to development, and help combat the housing crisis.  The case began in 2016 when a

Supreme Court Rules Government Can’t Use Permit Process to Coerce Property Owners Read More »

Yardi Says Steady Absorption is Boosting Multifamily Rents

Yardi Reports that Consistent Absorption is Driving Up Multifamily Rental Rates

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The latest Yardi Matrix Multifamily Report reveals that the average U.S. multifamily rent in April 2024 was $1,725. Yardi notes that multifamily rents have increased for the second consecutive month, attributing this trend to robust demand in the market. According to Yardi, although rent growth is moderate, there are several positive indicators in the data.

Yardi Reports that Consistent Absorption is Driving Up Multifamily Rental Rates Read More »

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