Monday, January 30, 2017
Thursday, December 8, 2016
Rents still likely to stay high
The map comes courtesy of real estate marketing concern the Collaborative Companies and is drawn from internal data as well as from information from the City of Boston.
The gray bars represent apartment projects. No surprise that such projects seem to dominate the map: The region is in the mist of years-long apartment-building boom that may or may not be slowing.
Thursday, November 3, 2016
Boston Agent (BA): Tell us about how Boston’s construction market is doing this year?
|Sue Hawkes, owner of|
The Collaborative Companies.
Obviously, up until the last few years, financing condominium projects was more challenging. That was pretty true almost everywhere, except maybe New York and San Francisco. That’s certainly switched now. It’s changed entirely. We now have a large development cycle that’s inclusive of condominiums, as well as the rentals. Some would argue that we’ve got an over supply of rentals. I think that it’s not so much the over supply that might be the issue but the required price point for the rentals that are being built can only be satisfied by the highest end consumers.
Wednesday, October 19, 2016
Thursday, October 6, 2016
Wednesday, September 7, 2016
|Rendering courtesy of the Collaborative Companies|
The 122 units that comprise the Alloy Residences in Assembly Row are the only condos in that sprawling Somerville development-as-neighborhood (or neighborhood-as-development, take your pick).
And those sole condos are proving especially popular. The Alloy will not be move-in ready until around this time next year, but the Collaborative Companies, the marketing firm charged with selling the condos, says more than 45 percent have been spoken for during barely eight weeks of pre-sales.
What’s more, some condos have traded for more than $1,000 a square foot. Such a sum would be notable anywhere in Somerville. In Assembly Row, along the Mystic, it’s positively historic.