Boston Real Estate Investors Association
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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 […]

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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.

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$2 Million Gift from Cummings to Help Regis Combat Nursing Shortage

Regis receives $2 million donation from Cummings to address nursing shortage

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WOBURN, MA– Cummings Foundation, the nonprofit arm of Cummings Properties, has pledged $2 million to Regis College. This donation will support the establishment of the Carol A. Donovan Endowed Dean of Nursing position and a future health care clinic in Woburn. Donovan, a 1959 Regis alumna, dedicated 31 years to teaching in the Woburn Public

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Housing’s Share of GDP Surpasses 16% for 1st Time Since 2022

Housing’s Contribution to GDP Exceeds 16% for the First Time Since 2022

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According to the NAHB’s Eye on Housing, the housing sector’s contribution to the economy reached 16.1% in the first quarter of 2024, exceeding 16% for the first time since 2022. This increase in housing’s share of GDP is attributed to residential fixed investment (RFI) and housing services. RFI includes home building, multifamily development, and remodeling,

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R.W. Holmes Achieves 90% Occupancy at Stoughton Industrial Park

R.W. Holmes Reaches 90% Occupancy Rate at Stoughton Industrial Park

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WAYLAND, MA—R.W. Holmes, a leading commercial brokerage firm serving tenants and landlords in Massachusetts for over 48 years, has successfully finalized five leases, bringing the occupancy rate to 90 percent at the 212,000-square-foot Tosca Drive Industrial Park in Stoughton, MA. Berkeley Partners, based in Oakland, Calif., enlisted R.W. Holmes as the exclusive leasing agent for

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Virtual to brick-and-mortar: 5 brokerage models made for 2024

Transitioning from virtual to brick-and-mortar: 5 brokerage models designed for the year 2024

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Consider your preferred work style, your level of experience, and your interest in collaboration when determining the most suitable brokerage model for your business. #Virtual #brickandmortar #brokerage #models, https://www.inman.com/2024/05/14/virtual-to-brick-and-mortar-5-brokerage-models-made-for-2024/

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