By MARTHA BELLISLE Washington state has enacted new rent stabilization laws, becoming one of the first states to set firm limits on rent increases to protect tenants. Signed by Gov. Bob Ferguson, House Bill 1217 caps rent hikes at 7% plus inflation or 10% (whichever is lower) and includes single-family homes and manufactured housing, the latter […]
By Greg Ryan Boston-based The Davis Cos. has raised $977 million to invest in real estate such as apartments, labs and warehouses, closing the firm’s largest-ever fund amid a challenging time for fundraising in the sector. Institutional investors nationwide have turned away from real estate, instead putting their money into investments that offer close to the […]
In what is excellent news for the Bay State from both an economic and environmental standpoint, the Massachusetts Clean Energy Center recently made an offer of $1 million to support energy-efficient retrofits for affordable multifamily housing developments. The MassCEC was created in 2008 for this exact purpose. They aim to accelerate the Commonwealth’s clean energy […]
