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Real Estate

UniBank buys 100-year-old home linked to original founder’s family for $1M

This is far more significant than just a purchase of real estate — it’s a bridge between the past and the future,” Timothy Wickstrom, chairman of the board of directors at UniBank, said.

Central Mass. schools granted $6.6M to train adults for high-demand professions

A total of 680 adult learners will benefit from a combined $6.6 million in funding from the Massachusetts state government, seeking to boost training in high-demand occupations within the trades, construction, and manufacturing sectors.

Housing group pursuing ballot initiative to cap rent increases

Bay Staters might have the chance next year to vote on a proposed law to limit rent increases.

Charlton auto dealership sold to partnership backed by $2M WBDC small business loan

Worcester Business Development Corp. has added Butler GMC to its Small Business Administration 504 Loan portfolio.
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Southborough firm buys Northborough nursing home property for $6M

Alliance’s existing facilities are located in Marlborough, Templeton, Braintree, Brockton, Foxborough, Peabody, Quincy, and Wrentham.

New $84M youth athletic academy at former Bose campus in Stow to be site of USA Fencing center

A former Bose Corp. campus in Stow is set to be the site of an $83.8-million private boarding academy focused on developing students into elite athletes.

Hanover Theatre taking over management and programming of JMAC

The change in control was made following votes of approval last year of the boards of both the Hanover and WCC.

Chacharone buys Northborough flex building for $8.4M

The two-story building was sold for $8.4 million by an entity managed by AllCare Plus Pharmacy.
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Tenants say state’s housing production not fast enough, call for rent hike limits

Rent control legislation was sent to study last session, part of a longstanding trend in which top Democrats have eschewed such measures, including a Boston home rule petition. A 1994 ballot referendum banned rent control in Massachusetts.

Worcester elderly apartments sold for $17M to Tennessee firm

Housing Preservation is a Memphis-based organization that acquires and preserves affordable housing communities originally developed by the U.S. Department of Housing and Urban Development.
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Girls Inc. of Worcester
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