Notes from this week’s B&T
As usual, this week’s Banker & Tradesman is full of great stories and important information. Regarding new developments and projects planned and under construction in Boston: Residential construction continues to be strong. Although there were some high...Colleges build new dormitories; neighbors cry foul
Here’s a (partial) list of new college dormitories currently under construction or in the planning phase, for downtown Boston. Currently, 2,500 dorm rooms are under construction, with another 1,200 in the pipeline, according to Banker & Tradesman. Boston...Penny Savings secures financing … for five years??
According to the Boston Business Journal: The Penny Savings Bank received $4.4 million in permanent financing from Stonegate Group LLC for a redevelopment of the former bank. The five-year, fixed-rate permanent loan closed this month and includes a five-year extension...Discouraging news out of Fort Point Channel district
Last week, Goldman Properties had a party The air was rife (?) with rumor that the developer had sold two of its buildings in the Fort Point Channel. Turns out, this rumor was true (are rumors ever not true? I mean, really). According to the Globe: Archon/Goldman, the...Related Cos. looks for, finds, deep pockets to fund growth
From the wire: Related Cos., a real estate developer with strong connections to South Florida, has netted a nearly $1.4 billion equity and debt investment — the first outside investment in the company … … The company said the investment will boost...Condo Listings by Neighborhood
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