Regions Northeast | Boston
Bridge Loan Paves Way for Conversion of Retail Property to Residential in Boston Area
May 5, 2008

Boston-based Abbott Real Estate Development has secured a  bridge loan for its planned conversion of a former Wal-Mart store in Weymouth, Mass., into a 150-unit apartment complex. Equibase Capital Group L.L.C. provided the financing, which will be utilized for acquisition and redevelopment purposes, as well as for zoning of the nearly six-acre site located about 40 miles from Boston. The project, Abbott Residences at Cordage Park, will be a transit-oriented development.

 
Recent Boston Headlines
FAA Officials: Planned Boston Tower Must Shrink for Safety
May 16, 2008 - Source: Boston Globe
Boston Mayor Thomas M. Menino wanted a 1,000-foot-tower in downtown Boston, but the FAA has ruled it may obstruct aircraft.
Adobe to Buy Boston-Area Office Building Upon Completion
May 15, 2008
In a $44.7 million deal, Adobe Systems Inc. has agreed to purchase Overlook Center in Waltham, Mass., from Normandy Real Estate Partners upon its construction.
Software Firm Stakes a Claim to 15,000SF in Cambridge
May 14, 2008
Allurent Inc. has just signed a lease with Transatlantic Investment Management Inc. for a 15,000-square-foot space at the 114,400-square-foot American Twine Building in Cambridge.
Twice Burned, Third Time Careful: Harvard Cautious In Announcing Proposed Art Museum
May 13, 2008 - Source: Boston Globe
Neighbors have complained at least twice before when the university proposed building museums. This time, Harvard Art Museum leaders are flying under the radar.
Seven-Person East Coast Retail Team Joins HFF
May 13, 2008
Holliday Fenoglio Fowler L.P. has announced that a team of seven capital markets professionals and analysts will join the firm.