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Yardi Says Multifamily Remains Robust Despite Challenges

Yardi Asserts Multifamily Sector’s Strength Amidst Obstacles

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According to the latest Yardi Matrix Multifamily Report, the average rent for multifamily properties in the United States was $1,722 in September 2023. Despite challenges such as rising energy costs and higher interest rates, the market remains strong overall due to strong job growth and household formation. However, there are concerns about the potential impact […]

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2Life Communities Awarded $7.6 Million in HUD Grant Funding to Create Affordable Senior Housing

2Life Communities has been granted $7.6 million in funding from HUD for affordable housing options for seniors.

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Brighton, MA – 2Life Communities has been granted over $7.6 million by the U.S. Department of Housing and Urban Development (HUD) Office of Multifamily Housing Programs, as announced earlier this week. These funds are part of HUD’s recent allocation of $160 million in grants to non-profit organizations nationwide that support the development of new or

2Life Communities has been granted $7.6 million in funding from HUD for affordable housing options for seniors. Read More »

CBRE Arranges $182 Million Sale of 294-Unit Multifamily Complex “Hanover North Cambridge” in Cambridge, MA

CBRE Facilitates $182 Million Sale of 294-Unit Multifamily Complex, “Hanover North Cambridge,” in Cambridge, MA

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Boston – CBRE announced the completion of the $182 million sale of Hanover North Cambridge, a 294-unit luxury apartment complex located adjacent to the MBTA Alewife Station in Cambridge, MA. Completed in 2022, the newly developed residential community was acquired by a fund advised by Goldman Sachs Asset Management from The Hanover Company and its

CBRE Facilitates $182 Million Sale of 294-Unit Multifamily Complex, “Hanover North Cambridge,” in Cambridge, MA Read More »

MedMinder Expands to 24,000 SF at Norwood Corporate Headquarters

MedMinder, announces expansion of its corporate headquarters in Norwood, MA.

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This expansion is a testament to MedMinder’s continued success and commitment to improving medication adherence and patient outcomes. With the new space, the company will be able to further enhance its operations and support the development of new technologies to better serve its customers. The decision to expand in Norwood was a strategic one, as

MedMinder, announces expansion of its corporate headquarters in Norwood, MA. Read More »

NAR’s Yun Says Mom & Pop Investors Need Capital Gains Cut

NAR’s Yun Advocates for Capital Gains Tax Cut to Benefit Small Investors

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According to the National Association of Realtors (NAR) Chief Economist, Yun, small investors, commonly referred to as “mom and pop investors,” would greatly benefit from a reduction in capital gains taxes. Yun suggests that lowering capital gains taxes would provide these investors with increased opportunities to grow their investments and generate higher returns. By reducing

NAR’s Yun Advocates for Capital Gains Tax Cut to Benefit Small Investors Read More »

Newmark Named Exclusive Leasing Agent for a Recently Delivered Class A Speculative Industrial Property

Newmark Appointed as the Sole Leasing Agent for a Recently Completed Class A Speculative Industrial Property

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Newmark has been selected as the exclusive leasing agent for 735 Broadway, a speculative industrial development in Malden, Massachusetts. The property, developed by DH Property Holdings and Pugh Management, is a first-of-its-kind, Class A urban industrial property. Newmark’s Executive Managing Director Ed Jarosz, Senior Managing Director Brian Pinch, and Associate Michael Malinconico will handle the

Newmark Appointed as the Sole Leasing Agent for a Recently Completed Class A Speculative Industrial Property Read More »

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