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TIAA-CREF, a leading U.S. financial services organization and the nation’s largest manager of U.S. institutional tax-exempt real estate assets*, today announced it has agreed to acquire a 70% stake in 225 Binney Street in Cambridge, MA from Alexandria Real Estate Equities, Inc

SunLight General Capital, a New York City based solar finance and development company, recently broke ground on a new 568 kW solar project in Westminster, Massachusetts. The project is being financed and built by SunLight’s investors, at no cost to the town itself.

The Massachusetts Association of REALTORS® (MAR) reported today that ongoing buyer activity in the spring pushed single-family home sales up in June by nine percent compared to the same time last year. The median price of single family homes was also up for the eighth time in nine months. New listings added to the market were up almost 12 percent over last year. Condominium closed sales were up, but median prices were down slightly.

Low-Income families and senior citizens living in the 154-unit Briston Arms Apartments in Cambridge will see significant property improvements and the extension of affordability as a result of $45.1 million in MassHousing financing

U.S. Attorney Thomas E. Delahanty II of the District of Maine announced today that Lawrence Estrella, 65, of Worcester, Massachusetts, was sentenced today in U.S. District Court by Judge George Z. Singal of the District of Maine to 92 months in prison to be followed by three years of supervised release for interstate transportation of stolen property. Estrella pleaded guilty on Feb. 20, 2015.

The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales in May were down over five percent compared to the same time last year. The median price of single family homes was also down for the first time in eight months. New listings added to the market were up almost eight percent over last year. Condominium closed sales and median prices were both up.

It will be a busy day for the volunteer leaders of the Massachusetts Association of REALTORS® (MAR) as they will be appearing today before two separate hearings at the Massachusetts State House. The outcome of these proposed bills could both negatively impact home values in two separate ways.

Hammond agent Matt Montgomery of The Matt Montgomery Group recently represented the seller client in connection with the $2,500,000 sale of 32 Lakewood Road in Newton, Massachusetts, one of Boston’s premier suburbs

Saul Cohen, Founder and President of Hammond Residential Real Estate in Chestnut Hill, recently announced the significant $2,768,000 sale of 90 Holland Road in Brookline, a premier suburb located just four miles from the heart of Boston’s Back Bay neighborhood. Holly Wyner of Hammond’s Brookline/Newton office represented the seller in the transaction, and Faye Fu of Hammond’s South End office represented the buyer.

The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales in May were down over five percent compared to the same time last year. The median price of single family homes was also down for the first time in eight months. New listings added to the market were up almost eight percent over last year. Condominium closed sales and median prices were both up.

Lisa Kraus, the Western Massachusetts Vice President and Mortgage Sales Manager at United Bank in West Springfield has been named the 2015 Affiliate of the Year by the Realtor® Association of Pioneer Valley (RAPV). The announcment was made during the association’s annual awards banquet held June 11 at The Log Cabin in Holyoke

Hammond agent Noel Atamian recently represented the buyer client in connection with the $3,475,000 sale of 14 Lathrop Road in Wellesley, a stunning new construction home located in one of Boston’s premier suburbs

Denise Mosher of Hammond Residential Real Estate in Weston recently represented the seller client in connection with the $3,070,920 sale of 85 Robin Road in Weston, an elegant colonial-style house built by renowned craftsman David Kane in one of Boston’s premier suburbs

Dean Poritzky of Hammond Residential Real Estate in Wellesley recently represented the seller client in the $2,600,000 sale of 35 Winsor Way in Weston, a magnificent Palladian-style residence located in one of Boston’s most desirable suburbs

Hammond agents Holly Wyner and Faye Fu represented the seller client in connection with the $3,050,000 sale of 41 Old Farm Road in Newton, a Contemporary-style residence located in one of Boston’s premier suburbs