Archive for Boston Globe

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Real estate site Zillow jumps on IPO

By AP NEW YORK – Investors set aside housing market doldrums and rushed to grab shares of real estate website Zillow yesterday, valuing the company at as much as $1.6 billion. Zillow Inc., which has never made a profit, is yet another beneficiary of
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21Jul2011 | Boston Globe | Continued
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Town buys $1.9m estate

The $1.9 million expense will be paid through the town’s Community Preservation Act fund, money that comes from a 1 percent surtax on real estate bills plus a contribution from the state. The town plans to borrow the money and pay it back over 10 years
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14Jul2011 | Boston Globe | Continued
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Romney heads to Portsmouth, Rochester, Derry, NH

PORTSMOUTH, NH—Republican presidential hopeful Mitt Romney is back in New Hampshire, with a campaign schedule that includes stops at a rotary club, a real estate business, and a chance to hear from regular people. The former Massachusetts governor is
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14Jul2011 | Boston Globe | Continued
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Registrar vs. robosigners

O’Brien, 59, is gaining national recognition among housing advocates, and rankling local real estate attorneys, for his aggressive actions – which most recently included the rejection of property documents signed by alleged “robosigners.
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14Jul2011 | Boston Globe | Continued
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Construction to start on Fall River retail center

By Chris Reidy, Globe Staff Two real estate companies revealed plans to start construction next month on a $55 million retail center in Fall River that will include a Walmart Supercenter. The planned 330000 square-foot center will be called Crossroads
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13Jul2011 | Boston Globe | Continued
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Real estate firm spins out of Fidelity

By Chris Reidy, Globe Staff The founding team of Long Wharf previously led the Fidelity Real Estate Group, which began investing in real estate on behalf of institutional clients in 1995, Long Wharf said in a press release. Known for such products as
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12Jul2011 | Boston Globe | Continued
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Array of online search tools, apps, open wealth of real estate information

Online real estate listings have been common for years, but now an array of search tools and smartphone apps let buyers tap into a wealth of information on the fly. Some brokers are using quick response codes – or QR codes – on their “for sale” signs
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12Jul2011 | Boston Globe | Continued
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Street art exhibit has people talking

Jane James, a real estate broker in Portsmouth, NH, agreed to let Alexandros Vasmoulakis paint his mural “Tomorrow Man” on the agency’s building as part of “Street AKA Museum,” an exhibition mounted by the Portsmouth Museum of Art. (Jonathan
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9Jul2011 | Boston Globe | Continued
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What price luxury

“It’s the ultimate penthouse in the city of Boston,” said Tracy Campion, the downtown real estate agent who brokered the sale. Wilbur Development LLC bought the penthouse three years ago for about $13.1 million as an investment, after a previous buyer
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8Jul2011 | Boston Globe | Continued
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HFF arranges $355m in financing for Fan Pier

By Chris Reidy, Globe Staff HFF, a provider of commercial real estate services, said it has arranged a $355 million construction loan for the development of a new headquarters campus for Vertex Pharmaceuticals Inc. at Boston’s Fan Pier.
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7Jul2011 | Boston Globe | Continued