Real Estate

Advocates say the industry key to ending the region's persistent housing shortage is facing a workforce cliff.

More than half (51%) of WBJ readers believe the U.S. economy will decline in the second half of this year.

Two multi-family properties in Central Massachusetts have received loans as part of a wider three-property announcement of financing worth a total of $18.65 million.

After nearly four decades, Cutler Management in Worcester has a new president as the commercial real estate management company’s inaugural leader has stepped down.

A factory on Southbridge Street could be key in unlocking a faster and more cost-effective way to fight the housing crisis: modular construction.

Within six months of its passage, 5% of all hours building public construction projects will have to be done by apprentices. After one year, 10%, and after two years, 15%. 

Anne Joyce, who has more than 30 years of banking experience, will serve as the vice president of the new branch. 

Opened in November, the facility has more than 1,000 full-time employees and has approximately 32 million items in stock.

The governor's pitch to leverage the new income surtax to invest $2.5 billion into replacing and repairing buildings on the state's 29 public colleges and universities was met with enthusiasm on Tuesday from the committee in whose hands the proposal now rests.

The franchise will be operated by Mouhamad Saleem and Kelly Moughal, who operate a variety of fast food restaurants in Worcester and elsewhere on the East Coast.