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MassHousing Announces $2.2 Million in Loan Closings for the Greenway Apartments in East Boston

BOSTON - June 7, 2013 - (RealEstateRama) -- MassHousing has closed on $2.2 million in loans for the 27-unit Greenway Apartments, a newly constructed affordable housing community in East Boston

Mayor Menino Delivers Annual Address to Boston Municipal Research Bureau

March 25, 2013 - (RealEstateRama) -- In his annual address to the Boston Municipal Research Bureau, Mayor Thomas M. Menino today outlined City progress and goals for education, housing, economic development, youth investment and working women. Citing financial stability as the catalyst for Boston’s incredible pace of growth, the Mayor announced plans to improve quality in all Boston Public Schools; connect students and families with technology in the form of a new “Boston E-Lit” program and increased access to the City’s public libraries; and lay the groundwork for 30,000 new housing units by 2020.

GOVERNOR PATRICK TOURS HORIZONS FOR HOMELESS CHILDREN HEADQUARTERS TO DISCUSS IMPORTANCE OF INVESTING IN...

BOSTON - March 6, 2013 - (RealEstateRama) -- Wednesday, March 6, 2013 – Governor Patrick today toured the Horizons for Homeless Children headquarters at the Edgerley Family Community Children’s Center in Roxbury, as an ongoing effort to promote increased investments in early education

MassHousing, AFL-CIO Housing Investment Trust, and Building America CDE Unite to Provide $46.8 Million...

BOSTON, MA - February 15, 2012 - (RealEstateRama) --Financing from MassHousing, New Market Tax Credits and union pension funds will provide $46.8 million in capital to help construct the 225 Centre Street development in Jamaica Plain, a project that will create 103 new apartments as well as retail and commercial space in a low-income Boston neighborhood

THE FEDERATED COMPANIES PURCHASES LAND AND WILL BEGIN CONSTRUCTION ON LEGACY PARK WAKEFIELD

Miami, FL - April 28, 2011 - (RealEstateRama) -- The Federated Companies, a leading national real estate investment and development firm, is pleased to announce that it has purchased a 4.17 acre development project, Legacy Park Wakefield in Wakefield, Massachusetts. The project is a MGL 40-B mixed-income market rate/affordable rental community which will consist of two, four-story garden buildings and one, three-story townhome building containing 128 total units. The garden style unit's floor plans are a mix of one, two, and three bedroom layouts, and the units range in size from 842 to 1,230 square feet. Additionally, the project will include fourteen townhouse residences located in an adjacent three-story structure. The townhouses are three bedrooms, 1.5 baths, and 2,250 square feet. Construction is slated to begin in the next few weeks with completion scheduled for the first quarter of 2012 and pre-leasing at the end of 2011.

Mayor Menino Announces Expansion in Groundbreaking Homeless Services Program

Boston, MA - March 2, 2011 - (RealEstateRama) -- Mayor Thomas M. Menino today announced new funding that will put the city one step closer to his goal of ending long-term homelessness. With an investment from the Citizens Bank Foundation, the Massachusetts Housing and Shelter Alliance (MHSA) has pledged $50,000 to help expand the Boston Public Health Commission’s High Utilizers of Emergency Services (HUES) to Home program, which provides housing and support services for chronically homeless people who are frequent users of the city’s emergency departments.

Attorney General Coakley Provides Testimony to Securities and Exchange Commission Regarding How to Protect...

BOSTON, MA - August 5, 2010 - (RealEstateRama) -- Attorney General Martha Coakley today announced that she has provided testimony to the U.S. Securities and Exchange Commission (“SEC”) regarding how to better protect investors relating to the subprime mortgage investment crisis.

Morgan Stanley to Pay $102 Million for Role in Massachusetts Subprime Mortgage Meltdown Under...

BOSTON, MA - June 25, 2010 - (RealEstateRama) -- Investment giant Morgan Stanley (Morgan) will pay $102 million to affected Massachusetts homeowners and the Commonwealth following an investigation by the Attorney General’s Office into Morgan’s role in the securitization and financing of Massachusetts subprime loans, Attorney General Martha Coakley announced today.

Mayor Menino Announces Boston’s $18M Homeownership Stabilization Initiative

July 29, 2009 - (RealEstateRama) -- Mayor Thomas M. Menino today announced the City’s new Homeownership Stabilization Campaign, a comprehensive 12-month initiative through which the City has committed to spend as much as $18 million to help Boston’s neighborhoods recoup from the nationwide foreclosure crisis. Joined by state and local housing officials, Mayor Menino described the campaign as having a two-part strategy to help retain and support existing homeowners while adding new buyers to the market through bolstered homeownership programs

Mayor Awards $15.7M in Loans to First Boston Invests in Growth Projects

Says City Will Apply for Additional Federal Funds to Help Move Stalled Development Projects Forward. June 01, 2009 - (RealEstateRama) — Mayor Thomas M. Menino today announced the City has committed to issue the first Boston Invest in Growth loans, enabling important developments to move forward in three Boston neighborhoods, including a new shopping center in Hyde Park; a neighborhood market in South Boston, and a brand new hotel in the City’s Theater District. The three projects represent a $230 million economic investment, and are expected to generate more than 650 new permanent jobs and hundreds more construction jobs in Boston.

Massachusetts Home Sales Down in June and Second Quarter

Month-to-month gains continue and months of supply down to its lowest level in a year WALTHAM, Mass. - July 28, 2008 - (RealEstateRama) — The Massachusetts Association...

Massachusetts Home Sales Experience Biggest April-to-May Increase in Past 10 Years

May home sales still down compared to the same time last year, but experience smallest drop since September 2007 WALTHAM, Mass. – The Massachusetts Association of...

HUGE 1 DAY Massachusetts and New Hampshire Area Foreclosure Auction Event!

All homes open for inspection from 10AM to 5PM on 3/29/08 160+ FORECLOSED HOMES MUST BE SOLD! Massachusetts, New Hampshire and Surrounding Areas. Mar. 29th.  Address: 76...

Real Estate Investing Within Self-Directed IRAs: 2008 Seminar Series Announced

OAK BROOK, Ill., Jan. 23 /PRNewswire/ -- Millennium Trust Company announces that its 2008 educational seminar series will take place on the 'Third Thursday'...

Boston Properties Announces 2007 Tax Treatment of Its Distributions

BOSTON, Jan. 10 /PRNewswire-FirstCall/ -- Boston Properties, Inc. (NYSE: BXP), a real estate investment trust, announced today the 2007 tax treatment of its distributions...

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AG Healey Secures $2 Million in Restitution for 20,000 Massachusetts Homeowners...

One of the nation’s largest mortgage servicers will pay $2 million in restitution to resolve allegations that it violated state law and committed unfair and deceptive practices by charging Massachusetts homeowners for unnecessary fees and overpriced force-placed insurance policies, Attorney General Maura Healey announced today