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 […]
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 […]
The Porter Square Shopping Center, owned by Gravestar since its formation in 1994, has been packaged with eight other properties and sold to TA Realty of Boston in a $390 million deal. TA Realty’s partner was Wilder, also of Boston, which operates retail properties from Maine to Florida and Illinois. Its closest property is the […]
via bldup.com Framing is underway on 346 Somerville Avenue with a permit issued for complete wiring on the multifamily project. Plans call for a 94 residential unit building with 2,470 SF of ground-floor retail near Union Square in Somerville.
by Nate Doughty / via The Business Journals Carnegie Mellon University’s free picoCTF competition, which claims to be the largest high school cybersecurity hacking event in the country, officially kicked off on Tuesday. And while its signature and capture-the-flag-like event will see tens of thousands of students across the nation compete for thousands of dollars worth of […]
by Prashant Gopal | via Bloomberg.com U.S. apartment building sales have jumped to record levels, outpacing all other forms of commercial real estate. Deals totaled $241.9 billion in the 12 months through September, up 27% from the same period in 2019, according to a RealPage Inc. analysis of data from Real Capital Analytics Inc. going back […]
During 2019, experts had predicted a rise in interest rates. However, rates actually fell due to actions by the Fed. What does the rate drop mean for commercial real estate in Massachusetts? Although no one can predict the future, here are a few on the impact of reduced interest rates on commercial real estate in […]
On March 15, the Federal Reserve announced their decision to raise the short-term interest rate to 0.75% – 1%. The Federal Reserve Report on Monetary Policy reports that rates are expected to continue rising to accommodate changes in labor market conditions, levels of inflation, and financial and international developments. The predicted trajectory for future rates […]
August, a month known for its relaxation and tapered turnaround pace, took an unexpected turn this year. The late summer month experienced more activity in the commercial real estate market than both the winter and spring seasons. Following a slow start to 2017, the leasing, absorption, and sales volume over the first three weeks of […]
As a standard in the construction industry, 3D printing, also known as additive manufacturing, refers to the processes used to create a three-dimensional object in which layers of material are formed under computer control to create an object. Objects can be of almost any shape or geometry and are produced using digital model data […]
