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YOTEL Plans to Open First Micro-Hotel Location in Boston

YOTEL Plans to Open First Micro-Hotel Location in <span class=Boston" title="YOTEL Plans to Open First Micro-Hotel Location in Boston" />

It’s been almost three years since the Menino administration began encouraging developers to create housing units as small as 375 square feet in the growing Innovation District. Following the success of micro-housing, a UK-based hospitality chain called YOTEL wants to bring a similar concept to the same area of the…

June – Briefs/Finance

June – Briefs/Finance

HSBC Provides $332M for Miami Condo; CIT Provides Kushner with $36M for Brooklyn Acquisition/Renovation; HFF Sources $204M for Boston M-U Development; NorthMarq Negotiates $173M Refi for San Francisco TOD; Walker & Dunlop Arranges $75M for Virginia Development; KTR Capital Partners Lands $115M for Industrial Portfolio Acquisition; Vornado Completes $350M…

Senior Housing Properties Buys Vertex Pharmaceuticals Global HQ in Boston for $1.1B

Senior Housing Properties Buys Vertex Pharmaceuticals Global HQ in <span class=Boston for $1.1B" title="Senior Housing Properties Buys Vertex Pharmaceuticals Global HQ in Boston for $1.1B" />

In the biggest deal in Boston so far this year, Senior Housing Properties Trust has acquired the Vertex Pharmaceuticals headquarters on Fan Pier in the Seaport District from The Fallon Co. and an institutional investor for $1.1 billion.…

Fallon Co. JV to Develop 516 KSF Office Building in Boston’s Seaport District

Fallon Co. JV to Develop 516 KSF Office Building in <span class=Boston’s Seaport District" title="Fallon Co. JV to Develop 516 KSF Office Building in Boston’s Seaport District" />

Fan Pier, the $3 billion, 3 million-square-foot mixed-use development in Boston’s Seaport District, gets a boost with $204 million in construction financing for its latest tower, the 516,000-square-foot building at 100 Northern Ave.…

Senior Housing Properties to Buy 2 Biotech Buildings in Boston for $1.1B

Senior Housing Properties to Buy 2 Biotech Buildings in <span class=Boston for $1.1B" title="Senior Housing Properties to Buy 2 Biotech Buildings in Boston for $1.1B" />

Senior Housing Properties Trust has agreed to buy two 15-story biotech medical office buildings, which include a connected three-level, 740-stall, below-grade parking garage, located in Boston’s premier Seaport District for a purchase price of $1.1 billion. …

WeWork Joins Boston Startup Madness with Two Shared Offices

WeWork Joins <span class=Boston Startup Madness with Two Shared Offices" title="WeWork Joins Boston Startup Madness with Two Shared Offices" />

Judging by the number of large companies that recently moved in Boston’s buzzing Financial District or are building their own high-profile business centers in the fast-growing Seaport District, the Hub is one of the cities that almost fully recovered from the economic downturn. While this translates into big cash revenue…

118 Luxury Condos under Construction at Boston’s Fan Pier

118 Luxury Condos under Construction at <span class=Boston’s Fan Pier" title="118 Luxury Condos under Construction at Boston’s Fan Pier" />

A new luxury residential project that recently broke ground in Boston shows that the city’s housing market is doing better after a few years of economic decline. Twenty Two Liberty is the first high-end condominium tower to be built in the Hub in four years and it’s located at Fan…

Still a Place for Suburbia?

Still a Place for Suburbia?

During the past few years, the return to the cities has been at the center of attention as legions of new graduates and retirees, members of the massive Millennial and Baby Boomer generations, have gravitated to the jobs, entertainment and more accessible lifestyles increasingly offered in these walkable urban areas.…

November – Briefs/Sales & Development

Cousins Closes Billion-Dollar Purchase of Texas Office Portfolio; Brookfield Property Offers to Buy Brookfield Office for $5B; Associated Estates to Buy 1,606-Unit Apartment Portfolio; Skanska Breaks Ground on $126M Boston Tower; Boston Properties Sells Interest in Times Square Tower for $684M; Rockrose Buys DC Office Building from Brookfield for $192M;…

Cornerstone Buys Boston Trophy Tower for $110M

Cornerstone Buys <span class=Boston Trophy Tower for $110M" title="Cornerstone Buys Boston Trophy Tower for $110M" />

Cornerstone Real Estate Advisers, a subsidiary of MassMutual Financial Group, has acquired 99 Summer St. in Boston from Normandy Real Estate Partners for $110 million on behalf of a Cornerstone-managed fund.…

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