by admin | Jan 30, 2023 | blog, Commercial Real Estate, Market Updates
The first Beige Book report of 2023 from the Federal Reserve Bank of Boston was released January 18. As the first release of the New Year, it reviews local business conditions from previous months, and offers a projection for the months ahead. Here are highlights for...
by admin | Mar 29, 2022 | blog, Commercial Real Estate, Market Updates
Commercial real estate in the Boston Metro area is enjoying healthy demand in the first quarter of 2022, according to reports from the National Association of REALTORS® Research Group. On a year-over-year basis, March net absorption is showing improvement across all...
by admin | Feb 11, 2022 | blog, Commercial Real Estate, Market Updates
The slump is over for the Boston Metro multifamily sector, as vacancy rates plummet and rents test new highs. According to the latest reports by Collier’s and Boston Bisnow, the Greater Boston apartment market has a vacancy rate of just 4.5%. This is the lowest...
by admin | Jan 11, 2022 | blog, Commercial Real Estate, Market Updates
The latest Beige Book report from the Federal Reserve Bank of Boston paints a mixed picture of the regional economy, due to the lingering pandemic along with supply-chain issues and staffing shortages. The hospitality industry in particular is experiencing a long road...
by admin | Oct 28, 2021 | blog, Commercial Real Estate, Market Updates
It’s a seller’s market for small to mid-sized multi-family properties in the Boston Metro! According to a recent analysis in Boston Biznow, investment in Boston’s multi-family sector reached $422 million during the past 12 months, beaten only by...
by admin | Jul 6, 2021 | blog, Boston Metro Area, Commercial Real Estate, Market Updates
Demand for Boston Metro office space is signaling the start of a commercial real estate recovery, according to an analysis by CBRE. Downtown Boston is leading the way with office space inquiries posting a record high. As of the second quarter of 2021, nearly one-third...
