Abg Realty

Partnership Trio to Build $230M Life Science Development in Somerville

Partnership Trio to Build $230M Life Science Development in Somerville

JLL has arranged a $230-million construction loan for the development of 15 McGrath Highway, a speculative life sciences development totaling 262,000 square feet in Somerville, MA. Brett Paulsrud, Henry Schaffer and Mike Shepard of JLL represented DLJ Real Estate Capital Partners, Leggat McCall Properties and Deutsche Finance America to secure the non-recourse construction loan with Oxford Properties Group. “Greater Boston continues […]

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BANKER & TRADESMAN’S FAST 50

BANKER & TRADESMAN’S FAST 50

CRE Lending Powers Fast Community Bank Growth But as Rates Rise, So Does Caution By Diane McLaughlin Banker & Tradesman Staff Local banks and credit unions have emerged as big winners from the 65 percent year-over-year- growth in commercial mortgage volumes statewide this year. Community banks and credit unions accounted for more than half the […]

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CRE Investment Volume Climbs 10% in Q2

CRE Investment Volume Climbs 10% in Q2

Both gateway and Sun Belt markets recorded strong growth. U.S. commercial real estate investment volume rose 10 percent year-over-year in the second quarter of 2022, to $167 billion, with industrial and logistics investments providing nearly $32 billion of the total and office $24 billion, according to a recent CBRE report. Trailing four-quarter volume totaled a […]

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As office-centric downtowns struggle, suburbs cater to the laptop crowd

As office-centric downtowns struggle, suburbs cater to the laptop crowd

Developers are adding outdoor co-working space — bocce ball, anyone? — to attract remote workers to stores and restaurants By Katherine Shaver via The Washington Post On a recent weekday afternoon at Northern Virginia’s Mosaic District, a nail salon was two-thirds full, diners in business casual were clustered around sidewalk tables and remote workers tapped […]

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Scorching inflation hits 9.1%, highest since 1981

Scorching inflation hits 9.1%, highest since 1981

Consumer Price Index, year-over-year percentage change By Courtenay Brown via Axios  Inflation soared to a fresh four-decade high in June, as prices rose 9.1% from last year — 1.3% from the prior month — the government said on Wednesday. Why it matters: The price shock is tanking Americans’ view of the economy — and risks pushing the Federal Reserve into moving aggressively […]

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The U.S. Economy Is in Serious Trouble if Latinx Founders Don’t Get More Funding. Here’s Why:

The U.S. Economy Is in Serious Trouble if Latinx Founders Don’t Get More Funding. Here’s Why:

By Arnobio Morelix Latinx founders are the fastest-growing group of entrepreneurs in America–but their businesses are struggling to scale. While the percentage of Americans running a business has stagnated at 6.2 percent over the past two decades, Latinx founders have rocketed from 6.5 percent of all entrepreneurs in 2001 to 15 percent as of 2019, making them […]

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The HYM Investment Group, Cathexis, National Real Estate Advisors, Break Ground on Historic Suffolk Downs Redevelopment

The HYM Investment Group, Cathexis, National Real Estate Advisors, Break Ground on Historic Suffolk Downs Redevelopment

by Boston Real Estate Times REVERE – Revere Mayor Brian Arrigo along with Revere and Boston city officials, joined executives from The HYM Investment Group (“HYM”), Cathexis and National Real Estate Advisors (“National”) to break ground on the former racetrack site at Suffolk Downs. The event marks the beginning of the transformation of the underutilized […]

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