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11/19/2020 Client Alert: Massachusetts Commits $171MM for Programs to Help Tenants and Landlords Impacted by COVID-19—Lexology

As we have previously reported, in March the Commonwealth instituted an eviction and foreclosure moratorium which, among other things, provided a financial backstop for landlords effected by their tenants’ inability to make rent payments because of the economic impact of COVID-19.
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11/18/2020 Condo sales fell in Miami-Dade last week—The Real Deal South Florida

Condo sales declined while closed dollar volume slightly increased last week in Miami-Dade County.
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11/17/2020 Condo Owner’s Claims Seeking to Hold Developer Liable Survive Motion to Dismiss—Lexology

In Hershey v. Mount Vernon Partners, LLC, Judge Green faced dueling motions to dismiss in a dispute arising from the purchase of an “ultra-luxury” condominium in Beacon Hill.
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11/17/2020 House Sale Leads To Arrest Of Ex-Harvard Fencing Coach Peter Brand In $1.5M Bribes Scheme—CBS 4 Boston

Former Harvard fencing coach Peter Brand and a wealthy Maryland businessman were arrested Monday on accusations that Brand accepted $1.5 million in bribes in exchange for helping the businessman get his two sons into Harvard.
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11/16/2020 Massachusetts condo threatens hefty fines if face coverings aren't worn amid coronavirus pandemic—WCVB5 Boston

A flyer urging residents to mask up is posted on the front door of Ocean Gate Tower at the sprawling high-rise complex along Ocean Avenue in Revere.
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11/12/2020 Home of the Week: A twisty-box Cambridge condo featured on HGTV—Boston.com

It looks like a 3-D puzzle nearing completion, this truly contemporary home in North Cambridge.
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11/10/2020 More Uncertainty around the Future of the Disparate Impact Theory of Liability—Lexology

Last week, a pair of fair housing organizations got their wish when a federal judge in Massachusetts granted their request for a preliminary injunction and stay of the effective date of the Department of Housing and Urban Development’s (HUD) new disparate impact rule (the “2020 Rule”), discussed in our recent fair lending newsletter.
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11/6/2020 Delayed Daymark housing project to be constructed into condos—Construction Review

Construction of the Daymark housing project that has been on hold for some time is set to proceed.
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11/4/2020 Man shot, killed by police officers at Winchester condo complex identified—WCVB News

The Middlesex District Attorney’s Office has identified the man who was killed in an officer-involved shooting at a Winchester condominium complex on Monday night.
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11/3/2020 New condo building near Egleston Square bracing for trouble—Universal Hub

The UHub Mobile Action News Unit toured Logan and Cleary Squares, Dedham Square, Centre Street in West Roxbury, Roslindale Square, Centre Street in Jamaica Plain, Egleston Square and Forest Hills this afternoon to see how worried commercial property owners in the outer neighborhoods were getting ready for action tomorrow.
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10/30/2020 The US and Boston housing markets have something in common: Pending home sales are down—Boston.com

A gauge of US pending home sales unexpectedly declined in September for the first time in five months, a sign that elevated asking prices and lean supply are tempering the boom in housing despite the record-low interest rates.
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10/29/2020 Ticker: Home, condo sale prices set September records; Stocks take hit on virus concerns—Boston Herald

Home and condo sales and prices skyrocketed across Massachusetts in September, with the median single-family home price surging to $472,000.
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10/29/2020 As Winthrop Center Rises, Its Companion Affordable Housing Tower Stalls—Bisnow

As Millennium Partners’ billion-dollar Winthrop Center rises, the future of the firm’s planned 350-foot affordable housing tower in Boston’s Chinatown is in doubt.
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10/27/2020 Injunction allows Black Lives Matter sign to stay in Belchertown condo complex—Mass Live

A Hampshire Superior Court judge issued a preliminary injunction Friday allowing a Belchertown condominium owner to display a Black Lives Matter sign near her unit after she was ordered to remove the sign by condominium trustees.
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10/26/2020 Want to Solve the Housing Crisis? Upzone the Suburbs—Banker & Tradesman

Another study on the housing woes in Greater Boston is unlikely to cause much of a stir, even one issued by and organization with the cachet of Brookings Institute.
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10/23/2020 The Somerville developer behind Magoun Square’s new ’519 on Broadway’—Wicked Local Somerville

Charles Zammuto, the developer behind 519 on Broadway, grew up in Somerville and said he’s worked in the city his entire life.
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10/22/2020 Real Estate Development in the Time of Coronavirus: Massachusetts - Update 10/19/2020—Lexology

The Massachusetts Department of Housing & Community Development (DHCD) recently issued guidance for municipalities regarding housing development.
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10/22/2020 As buyers bounce to the ‘burbs, Boston condo market offers deals ‘nobody would have imagined’—Boston.com

Boston-area home prices were up an astounding 14.3 percent year-over-year in September, according to the national brokerage Redfin — roughly in line with a nationwide real estate boom being driven by record-low mortgage rates and a shortage of homes for sale. But the downtown condo market has been marching — or stumbling — to the beat of a different drummer.
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10/22/2020 Another record month for Cape Cod home sales—Boston Agent Magazine

The Cape Cod real estate market set new record highs for median sale prices, pending sales, closed condo sales and total volume, according to a Cape Cod & Islands Association of Realtors (CCIAOR) press release.
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10/16/2020 In U.S. College Towns, Vacant Student Housing Poses New Opportunities for Buyers—Mansion Global

The coronavirus pandemic disrupted back-to-school plans for millions of students this fall, including university students who normally pour into college towns in late August and generate major revenue for landlords who own off-campus housing.
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