4+ hour, 57+ min ago  (559+ words) A Houston-based development firm has acquired a'vacant site in Andover with a'vision for a'multifamily project. The Hanover Co. acquired 300 Minuteman Road in Andover for $2. 5 M from Spear Street Capital, according to public records. Hanover regional development partner David Hall told'Bisnow'that…...

2+ mon, 1+ week ago  (638+ words) One of the largest office-to-residential conversions in the state landed financing. Boston-based Synergy secured a $51 M loan from Mass Development and The Washington Trust Co. for its 198-unit project at 10 Chestnut St. in Worcester. Washington Trust provided a $47. 5 M loan,…...

3+ mon, 2+ week ago  (315+ words) Mesirow Financial acquired the Twenty20 apartment complex in Cambridge Crossing'this past week. The Chicago-based investment firm bought the 20-story, 355-unit apartment complex from'PGIM Real Estate'for $218 M, according to public records. The sale was listed on Feb. 10. PGIM sold it for $21 M…...

3+ mon, 2+ week ago  (499+ words) Fox Rock Properties secured a refinancing loan for a Quincy multifamily community. The Quincy-based developer acquired a $128. 2 M loan for its 465-unit property at 100 Whitwell St. , known as Ashlar Park, from CBRE's Fannie Mae'Delegated Underwriting and Servicing'platform, according to a…...

3+ mon, 2+ week ago  (529+ words) Less than three years after a'federal investor catalyst hub opened its doors in Cambridge, the company managing it has received notice that the federal government seeks to terminate its agreement with the hub "in large part or in full."' In…...

5+ mon, 4+ day ago  (910+ words) The real estate arm of the parent company of'Fidelity'Investments'acquired the 280-unit Proto in Kendall Square in Cambridge. Pembroke acquired the property for $170 M, the Boston Business Journal reported. The property marks the company's fifth residential acquisition in two years. Proto…...

6+ mon, 2+ week ago  (804+ words) Amid Worcester's growth, local developers and city officials are concerned'about how the city can continue to grow sustainably without deterring new development. The city, located roughly 47 miles west of Boston, is the second largest in New England. Over the last…...

9+ mon, 2+ week ago  (373+ words) Bio Med Realty, one of the largest lab owners in Cambridge, landed'a major refinancing deal'for its Cambridgeport campus in Kendall Square.' The Blackstone-owned company closed a $1. 63 B refinancing'package for its 1. 3 M SF University Park at MIT campus adjacent to the…...

10+ mon, 3+ week ago  (939+ words) In its push to help building owners demystify the decarbonization process, electric and natural gas company'National Grid is taking the approach of a partner rather than a service provider.' In Massachusetts, the company has rolled out a suite of incentives…...