Commercial

'Real Estate News: Commercial Real Estate and Economic Development (CREED) Act Passed in the Congress, Reinstates 504 Debt-Refinancing Program

The National Association of Development Companies (NADCO) has announced that the Commercial Real Estate and Economic Development (CREED) Act has been passed in the congress and will permanently reinstate the debt-financing element in the 504 loan program of the Small Business Association.

'Real Estate News: The Number of Housing Starts in November Brings Cheer to the Holiday Season Tune

The housing industry is cheering to the holiday tune as the new building permits and housing starts have been glowing in November. According to chief economist Jonathan Smoke, the number of housing starts in November was beyond expectations.

'Celebrity Real Estate: Dave Dombrowski, the New Red Sox President, Buys a $3.95M Brookline Home

Dave Dombrowski, the new Red Sox president, has recently purchased a home worth $3.95 million in Brookline, MA, near Fenway Park. Dombrowski’s six-bedroom home sits on a half-acre, is in close proximity to civilizations but still feels like a retreat, listing agent Merlin Rosenblatt of Longwood Residential says.
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