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Companies are talking about ‘recession’ less. Economic data helps explain why.

Companies are talking about ‘recession’ less. Economic data helps explain why.

Josh Schafer – Reporter Wed, May 24, 2023 Wall Street has been waiting for a recession that hasn’t materialized roughly five months into the year. Executives at S&P 500 companies are talking about recessions less on earnings calls for the third straight quarter, per FactSet. S&P Global’s flash US composite PMI showed US economic output reached a 13-month high […]

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Massachusetts Has the Tightest Vacancy Rate for Rental Properties

Massachusetts Has the Tightest Vacancy Rate for Rental Properties

By Lynn Pollack | February 23, 2023 at 05:53 PM Massachusetts has the lowest vacancy rate of rental homes in a recent study, followed by Maine, Utah, Kentucky, and Montana. According to TexasRealEstateSource.com, utilizing US Census Bureau data, Massachusetts has the tightest vacancy rate for rental properties at 2.8%, followed by Maine at 2.9%, Utah at 3%, Kentucky at […]

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Fed officials stare down markets, say inflation is top focus

Fed officials stare down markets, say inflation is top focus

WASHINGTON, Sept 26 (Reuters) – U.S. Federal Reserve officials on Monday sloughed off rising volatility in global markets, from slumping U.S. stocks to currency turbulence abroad, and said their priority remained controlling domestic inflation. “There are interactions there,” Cleveland Fed President Loretta Mester said, noting that financial market volatility can affect investor decisions and the […]

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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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