More density, new zoning, and fresh investment in affordable and social housing top his priorities. By Beth TreffeisenSource: Boston.com When newly elected Somerville Mayor Jake Wilson bought his first home in Winter Hill 21 years ago, he was terrified he was making a terrible mistake. He and his wife paid $425,000 for a modest starter […]
By Emily WilkinsSource: MSN Both congressional Democrats and President Donald Trump both want to limit how many homes major corporations can own, but a new proposal from Sen. Elizabeth Warren, D-Mass., makes it clear that’s where the agreement ends. In a bill released hours before Trump’s State of the Union speech, Warren, Sen. Jeff Merkley, D-Ore., and 16 other Senate Democrats propose ending […]
By Isabel HartSource: Boston Business Journal Developer HYM Investment Group is progressing on its development at the former site of Carney Hospital, with plans to build a new healthcare facility as well as housing and retail on the property. HYM and partner My City at Peace are planning to transform the site into a mixed-use, healthcare-anchored […]
By Jordan ErbSource: Bloomberg Delinquency rates on loans ranging from mortgages to credit cards rose to 4.8% of all outstanding US household debt in the fourth quarter, the highest level since 2017, driven by rising defaults among low-income and young borrowers. While the overall share of loans in some stage of default is near pre-pandemic averages, the rise […]
By Katanga JohnsonSource: Bloomberg US lenders are poised to see new mortgage-loan requirements as the Federal Reserve comes closer to unveiling a long-awaited bank capital proposal tied to Basel III. Michelle Bowman, the Fed’s top bank cop, said parts of that new measure related to residential real estate would consider increasing the “risk sensitivity” of capital […]
By Eli ChavezSource: Boston Business Journal A Boston-based solar energy company acquired another local solar energy company to expand its offerings and its national reach. Perch Energy, a community solar management company, has acquired Solstice Power Technologies LLC, a Cambridge-based community solar company with operations nationwide, including a recent expansion into New Mexico. The acquisition follows […]
By Craig KarminSource: The Wall Street Journal This is from an edition of the Real Estate newsletter, a weekly briefing of the biggest commercial deals, news, analysis and trends in office, multifamily, retail and other commercial sectors. If you’re not subscribed, sign up here. Commercial real estate investors have a debt problem. And after years of pretending […]
By Stephen MacLeodSource: Boston Business Journal JPMorgan Chase & Co. is continuing to expand its footprint in Massachusetts and has announced another half-dozen locations in the state that it plans to open in 2026. Eight Chase retail banking branches will be built throughout the state in 2026, as the company (NYSE:JPM) plans to open 160 branches nationwide […]
Source: Reuters As of Feb 17th, 2026, Real estate investment firm Kennedy-Wilson (KW.N) said on Tuesday it will be acquired by a consortium led by its CEO William McMorrow and Fairfax Financial (FFH.TO) for about $1.5 billion. The consortium will acquire all remaining shares for $10.90 each in cash, a sweetened offer from the previous $10.25 in November, representing […]
By Mile SobolikSource: Invesco US commercial real estate (CRE) got an encouraging signal. Banks have begun to ease underwriting standards for CRE loans for the first time since interest rates started rising in 2022, according to the January 2026 Senior Loan Officer Opinion Survey (SLOOS) from the Federal Reserve. It suggests lenders are gaining confidence that market conditions […]
