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Mayor Zohran Mamdani’s pied-à-terre tax already has homeowners, lawyers and realtors pleading for greater clarity and transparency. The Department of Finance held a public comment hearing Thursday, and many parties shared their thoughts and concerns — here are just a few. The new surcharge on second homes amounts to a “confiscatory and half-baked money grab,”…
The life sciences real estate sector in Greater Boston still has a deep hole to dig out of, with millions of square feet of lab buildings sitting vacant, but a new report shines a positive light on the future of the market’s demand. Sanofi renewed its 900K SF lease in Cambridge Crossing. The number of…
United Trust Bank (UTB) Mortgages has made rate reductions of up to 100 basis points across selected products and the launch of new 90% and 95% loan-to-value (LTV) mortgages for super prime and prime plus borrowers. Residential mortgage rates now start from just 5.24%, with new lending available up to 95% LTV and maximum loan…
Summary Property vesting defines how ownership is legally structured. While most real estate data focuses on who owns a property, vesting explains how that ownership behaves. That distinction influences transfers, risk, and decision-making across lending, investing, and analytics. Understanding vesting data adds critical context to property intelligence. Table of Contents What is property vesting Why…
That view aligns with what commercial mortgage professionals have been hearing from their clients. Damon Conrad, vice president of REMAX Canada Commercial, told Canadian Mortgage Professional earlier this year that “the strongest office environments today are those that offer quality space, accessibility, and amenities,” and that older assets face mounting pressure to reposition or restructure….
While shoring up the former Pfizer headquarters in Midtown East, its developer is also looking to shore up investor support. MetroLoft’s Nathan Berman has been talking to investors of the office-to-residential project since Tuesday’s incident, the New York Times reported. Berman’s ability to meet the construction timeline relies not just on the ability to resume…