A Hawkish Pause with Commercial Real Estate Implications: The Federal Reserve’s June 2026 Policy Shift
The Federal Reserve’s June 17, 2026 meeting marked a significant turning point in U.S. monetary policy, not because of an immediate change in interest rates, but because of what it signaled for the future. While the central bank held its benchmark rate steady at 3.5% to 3.75%, policymakers indicated a growing openness to raising rates […]
Balancing Growth and Integration: Evaluating Competing Development Proposals at 90 Washington Street in Somerville
Somerville is currently evaluating two redevelopment proposals for 90 Washington Street, a four-acre site in the Inner Belt district near the MBTA’s East Somerville Green Line station. According to the Boston Business Journal, the decision is being made under meaningful financial pressure, with the city looking to recoup a roughly $30 million gap tied to its acquisition of the property…
A Changing of the Guard: Long‑Held Billerica Apartment Assets Return to the Market
growing number of Greater Boston multifamily properties held by families and long‑term owners for decades are returning to the investment sales market, signaling a generational shift in ownership rather than a sudden change in market fundamentals. The recent listing of a 216‑unit apartment community in Billerica, offered for sale for the first time in roughly 50 years, has become a bellwether for this trend….
Services Inflation, Slowing Growth, and What It Means for Boston and Somerville Commercial Real Estate
In early April 2026, Bloomberg reported that U.S. service‑sector growth slowed materially even as input prices surged, as reflected in the Institute for Supply Management’s (ISM) Services Prices Paid Index rising to 70.7—its highest level since October 2022.¹ This combination of decelerating activity and elevated costs is particularly relevant for Boston‑area commercial real estate, where […]
Another Battle at Bunker Hill? A Long, Complicated Story of Boston’s Largest Public Housing Redevelopment
If you live in Charlestown (or have driven past the brick buildings near Bunker Hill Street…) you have likely heard about the Bunker Hill Housing Redevelopment. Depending on who is telling the story, it is either the future of public housing in Boston or a project that seems to take forever to get off the ground. In truth, it is both. The redevelopment is the largest public housing transformation ever undertaken in the city, and it has unfolded slowly because of its scale, complexity, and the stakes involved for residents who have lived there for generations.
$866 Million Bond Sale Accelerates Mass General Brigham’s Next Phase of Hospital Expansion
Mass General Brigham (MGB), the largest healthcare system in Massachusetts, has secured approximately $865.5 million in tax‑exempt bond financing to fund a major expansion and modernization of its hospital campuses in Boston and Jamaica Plain…