Fenway Community Development Corporation reposted this
Fenway Community Development Corporation's new strategy -- under Head of Real Estate Suneeth -- to chase small parcels for ground-up affordable developments has secured a second site.
Fenway Community Development Corporation’s Post
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Walks like a duck, quacks like a duck - sure looks like price fixing has been jacking up rents.
Director of Policy and Community Planning at Fenway Community Development corporation
The Justice Department understands why rent has been increasing in apartments owned by national corporations. The DOJ complaint says RealPage’s alleged conduct "deprives renters of the benefits of competition on apartment leasing terms." Folks used to call this Price Fixing.
Justice Department sues RealPage for 'algorithmic pricing scheme' - Boston Business Journal
bizjournals.com
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A prime example of how not to do housing.
Director of Policy and Community Planning at Fenway Community Development corporation
Here is a cautionary piece on how a venture capital-backed REIT has burnt both investors and tenants alike.
A VC-Backed Startup Turned Houses Into Stocks. Its Bets Are Failing, Leaving Its Tenants And Investors In Limbo
bisnow.com
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A REIT this size will set the rents for hundreds of locations and send huge profits back to the investors at the tenants expense.
Director of Policy and Community Planning at Fenway Community Development corporation
Another example of what is wrong with our real estate market - A REIT that owns 80,000 apartments is buying another 3,600 units. This kind of consolidation and power will not benefit tenants, only the stock holders.
Blackstone Selling 3,600 Apartments To Equity Residential For Nearly $1B
bisnow.com
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Fenway Community Development Corporation (CDC) board and staff thank our esteemed panel speakers: (moderator) David Sweeney, President & CEO of Longwood Collective, Abe Menzin, Principal & VP of Development at Samuels & Associates, and Ryan Weber, VP of Leasing at IQHQ. We are truly inspired by their visionary leadership and the groundbreaking innovations of their organizations, which have made Fenway and the Longwood Medical & Academic Area (LMA) healthier, more vibrant, and diverse. Their organization’s innovative developments and placemaking initiatives not only create sustainable environments but also foster community well-being. Their efforts ensure that residents and workers have access to vital resources such as jobs, housing, education, healthcare, transportation, green spaces, and cultural activities in the Fenway and LMA areas. From improving physical developments to creating housing, retail spaces, commercial hubs and life science laboratories, their transformative impact enhances lives in Fenway and beyond Boston. #fenwaycdc #fenwayball #leadership #innovation #communitydevelopment #thefenway
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Fenway CDC is #Hiring a Community Engagement Coordinator. Email your resume and cover letter to projects@fenwaycdc.org if interested. Applications are encouraged by July 5. #nonprofit #Communityengagement https://lnkd.in/dEnV4J9h
Community-Engagement-Coordinator-June-2024.pdf
fenwaycdc.org
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Unlike others in the real estate industry, BBJ has the courage to come out and say it like it is - we need a Transfer Fee to fund sorely needed affordable housing.
Director of Policy and Community Planning at Fenway Community Development corporation
Hear is a clear and cogent Editorial supporting the Transfer Fee from the Boston Business Journal. Congratulations to them for speaking out on the need for affordable housing.
Editorial: The need for transfer fees to fund housing hasn't diminished - Boston Business Journal
bizjournals.com
