Monthly Archives: May 2010

Largest US Luxury Home Builder Buys Land in Anticipation of Recovery

By John Gittelsohn and Peter Woodifield – Bloomberg BusinessWeek
Toll Brothers Buys Land as Quarterly Home Orders Rise
May 26 (Bloomberg) — Toll Brothers Inc., the largest U.S. luxury homebuilder, increased its land holdings for the first time in four years in anticipation of a recovery in the market.
The number of houses under contract but not yet sold rose in the three months ended April 30 for the first time on a year- over-year basis since 2006, the Horsham, Pennsylvania-based company said in an earnings statement today.
“People are not as scared any …

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And The Survey Says…

As I was browsing the hundreds of Tweets that had built up in my feed while I was at work yesterday, two adjacent Boston Globe Tweets caught my eye. The first that I read went something like “Survey- What will happen to home sales now that the home buyer tax credit expires?” with a link to a short, one question survey with four responses to choose from (more on those later.) The Tweet directly below that one, also by the Globe, read something like, “New Home Sales Jump 14.8% in …

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Buzz Surrounding the Innovation District, a new media property aimed at the creation and aggregation of original content focused on Boston’s startup ecosystem, posted a lovely article on our fine city’s new Innovation District (the waterfront area formerly known as the Seaport District) and the latest event surrounding it, “Boston’s Innovation District: An Evening at the Harpoon Brewery,” which brought together young professionals, entrepreneurs, and city officials (including the Mayor himself) for drinks and discussion last Monday.
The article focused on a central issue that faces the city’s plan to develop and draw business towards …

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Corner unit Loft at 111 Beach Street

Looking for an authentic loft with close to 1700 square feet of living space?
111 Beach Street unit 2E just recently came on the market boasting gorgeous exposed brick and beams detailing. It has towering ceiling heights and 2+ bedrooms. Located on Beach Street, right off of Atlantic Avenue and just steps to South Station, this unit has a great deal of space and character.
Unit 2E is a corner unit home that has multiple windows, therefore getting tons of exposure and sunlight. It includes stainless steel appliances and granite countertops …

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Pinehills Home For Sale – Get a steal in Plymouth, MA

Need Space? Live in 2,500 square feet at The Pinehills, an award winning community in Plymouth, MA, for only $499,000!
Built in 2005 on Pennington Rise, a very private road, this meticulously maintained “A” style town home overlooks the 13th fairway of the Nicklaus golf course, one of two five-star rated courses within the area. The home features an open floor plan with three bedrooms and three full bathrooms.
There is a spectacular great room with a working fireplace that opens to a beautiful kitchen …

Posted in → Boston Condos
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Big Sales in Commercial Real Estate: 101 Summer St. and Senior Housing Residences

Both of the following articles are courtesy of Citybizlist- Boston’s Commercial Real Estate Insite.
101 Summer St in Boston Sells for $5.7 Million
101 Summer Street, a 50,673 square foot office and retail building located in Boston’s Financial District, has sold for $5.7 million or $112 per square foot.
The CB Richard Ellis team of Chris Angelone, Bill Moylan and Matt Pullen marketed the building on behalf of Aurora Bank FSB and procured the buyer, Synergy Investment & Development, a Boston-based real estate investment and development firm. The sale of the asset, …

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