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Real Estate

New law bars homesellers from conditioning accepted offers on inspection waivers

Buyers do not have to conduct an inspection, but they are banned from letting sellers know before an offer is accepted that they intend to waive the home inspection.

🔒WBJ landlord seeks to convert Shrewsbury St. building into 44 apartments

The owners of a three-story brick building on Shrewsbury Street are looking to convert the building into a 44-unit apartment complex.

🔒Wormtown Brewery landlord to develop 80-unit affordable housing complex in West Boylston

Worcester-based Branded Realty Group is developing a mixed-use site in West Boylston into a three-building site featuring...

🔒Trump Administration cuts $110M in funding for Westborough firm’s Kentucky plant

The funding cuts are the latest obstacle related to the Kentucky project Ascend will need to overcome.
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GOP lawmakers ask IG to examine highway service plaza contract

The lawmakers raised concerns to Inspector General Jeffrey Shapiro over the "integrity and transparency" of the process after the winning bidder, Applegreen, abruptly pulled out of negotiations with the state.

🔒Lowe’s shopping center in Framingham sold for $33M

The site of a Lowe’s in Framingham near the Shoppers World shopping center has been sold for $32.6 million to a Boston-based real estate firm.

Universal Window and Door selects new CEO after former leader retires

Reilly is replacing Jim Finn, who announced his retirement in August after six years at the helm.

Report: Funds for school construction disproportionately flowing to suburbs

Despite major public investments in recent years, the report by the MassINC Policy Center and the Worcester Regional Research Bureau found that students in Boston and "gateway cities" are more likely than their suburban counterparts to "learn in buildings that are deteriorating, lacking in basic features, and often cramped and overcrowded."
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🔒A fire closed its newest restaurant after four days. Now, Niche Hospitality is trying to retain its staff during the months-long Vivienne closure.

Now looking at an extended period of time before the restaurant can reopen, the company behind Vivienne is trying to retain its staff through a series of fundraising events.

🔒Worcester energy company expands through acquisition of Norwell firm

After a private equity firm became its majority owner in February, Worcester-based electrical contractor and energy solutions company Commonwealth Electrical Technologies has acquired NuWave Energy Solutions in Norwell.
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