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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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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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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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Cambria Hotel Boston Somerville opens its doors

Cambria Hotel Boston Somerville opens its doors

Cambria Hotel Boston Somerville has opened its doors. Situated on the Somerville-Cambridge line, it converges with a unique moment in time for Somerville as it experiences a modern-day renaissance, and it adds to the exciting transformation that Somerville’s historic Union Square is undergoing. Travellers will find a design forward, accessibly priced hotel that celebrates the city’s […]

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

Boynton Yards Celebrates Opening of First Purpose-Built Life Sciences Lab in Somerville

By Boston Real Estate Times Somerville, MA – The development venture of DLJ Real Estate Capital Partners (DLJ), Leggat McCall Properties (LMP) and Deutsche Finance America (DFA) joined the City of Somerville and Flagship Pioneering companies to cut the opening ribbon on 101 South Street, the first purpose-built Class-A lab building in Somerville as part of the Boynton Yards 1.8 million square foot, […]

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Formlabs To Announce New 3D Printing Materials at RAPID on 5/17

Formlabs To Announce New 3D Printing Materials at RAPID on 5/17

Devan West via MCADCafe Ideal for producing tough, durable and long-lasting 3D printed parts, these polyurethane resins are the latest innovative materials available for Formlabs’ SLA printers Somerville, MA – May 17, 2022 – Formlabs, the leading 3D printing company, today announced PU Rigid 650 Resin and PU Rigid 1000 Resin at RAPID + TCT 2022, North America’s […]

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covid impact on boston employment

The Effect of the COVID-19 Pandemic on Boston’s Economy in 2021

by Boston Planning & Development Agency, Research Division. The COVID-19 pandemic and resulting business closures caused a sudden unprecedented spike in unemployment in Boston as in much of the country. Boston’s unemployment rate peaked in June 2020 at 16.1 percent, a dramatic increase compared to 2.6 percent unemployment in March 2020. Boston’s unemployment rate fell […]

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