Taylor Driscoll

2 days ago | bisnow.com | Taylor Driscoll

Blackstone's office real estate arm has put a 13-story office building on Boylston Street up for sale. Yet another Boston office building is up for sale, this time in the Back Bay. Blackstone's EQ Office has put its 233K SF office building at 399 Boylston St. up for sale, Banker & Tradesman reported. It cited anonymous sources and said the listing is being managed by Newmark. The office building was constructed in 1983, and EQ bought it for $117M in 2014 from Shorenstein Properties.

3 days ago | bisnow.com | Taylor Driscoll

A key congressional committee is calling for an expansion of the opportunity zone program that would extend its lifespan and allow real estate investors to receive its tax benefits in more areas. The House Ways and Means Committee included a provision for the "renewal and enhancement" of the opportunity zone program as part of the 389-page tax package it released Monday evening ahead of a Tuesday markup meeting.

3 days ago | bisnow.com | Taylor Driscoll

A key congressional committee is calling for an expansion of the opportunity zone program that would extend its lifespan and allow real estate investors to receive its tax benefits in more areas. The House of Ways and Means Committee included a provision for the "renewal and enhancement" of the opportunity zone program as part of the 389-page tax package it released Monday evening ahead of a Tuesday markup meeting.

3 days ago | bisnow.com | Taylor Driscoll

A local developer won a bid to develop three vacant city-owned parcels in Medford, marking one of the biggest developments in the area in decades. Boston-based Transom Real Estate won the bid to redevelop three city-owned parcels in Medford Square. Transom Real Estate won a bid to develop parcels in Medford Square into 283 units of housing, the city of Medford announced Friday. The project would include housing, a 13,500 SF grocery store, a 2,500 SF café and a new parking lot.

6 days ago | bisnow.com | Taylor Driscoll

Multifamily construction starts have been slow in Greater Boston and beyond over the last two years, in part due to hesitation in the lending market, but it appears banks are becoming more eager to finance projects. Several local commercial real estate executives, speaking Thursday at Bisnow’s Boston Capital Markets event, said they have seen banks becoming more active in the market. That activity could help accelerate the construction pipeline.