Roxbury group to buy S. Boston building
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The Mayo Group of Roxbury is expected to purchase 51 Sleeper St. in South Boston, a vacant eight-story building owned by Frank H. McCourt Jr. McCourt, who owns the Los Angeles Dodgers baseball team, defaulted on a $22.5 million loan on the property this year. A group of investors sold the loan to Mayo Group for about $17 million, and ...
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The Boston Celtics have signed a 10-year lease for corporate headquarters at 226 Causeway St. in Boston, near the FleetCenter, where they play. The 23,079-square-foot lease, in a building owned by Intercontinental Real Estate Investment Fund II LLC, will begin in August and is on the fourth floor, overlooking the sports facility. The Causeway, as the former six-story bakery building ...
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The Chicago-based public company that owns some of Boston's best-known buildings, including Center Plaza and Rowes Wharf, is being acquired by a global private equity firm in the largest takeover of a real estate company.
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The Boston Redevelopment Authority yesterday approved a master plan for Brigham and Women's Hospital that calls for a 350,000-square-foot clinical facility at 70 Francis St. The BRA also authorized a notice of intent to take by eminent domain the Glass Slipper strip club on LaGrange Street near Chinatown. That alerts the property owner the BRA can take the property after ...
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Swiss banking giant UBS AG announced yesterday that it would buy the capital markets division of discount brokerage Charles Schwab Corp.
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While an official announcement has not been made, word spread yesterday at Daytona International Speedway that Fenway Sports Group, led by Red Sox owner John Henry, had completed a deal to purchase a 50 percent stake in the Roush Racing NASCAR team.
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The Boston Red Sox's principal owner will buy half of the top team on the NASCAR racing circuit, Roush Racing, in the first investment by a major league baseball team in the country's fastest-growing sport.
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A historic name in mutual funds will soon vanish from Boston&#39;s investing scene, with BlackRock Inc.&#39;s agreement yesterday to acquire State Street Research &amp; Management
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Tishman Speyer Properties signed a contract Sunday night to buy the current home of The New York Times Company in Times Square for $175 million and convert it to an office building.
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Manor Care Inc. &lt;HCR.N&gt;, the largest U.S. owner of nursing homes, on Monday said it agreed to be acquired by Carlyle Group for $4.9 billion, the latest health-care provider taken off the public market by a private equity buyer.
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Private investment firm Sun Capital Partners Inc. yesterday said an affiliate has completed the acquisition of Boston Market Corp. from McDonald's Corp.
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The New York Times Co. , owner of The Boston Globe, said it will buy a 49 percent stake in Metro Boston, the free newspaper distributed to commuters.
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Boston-based private equity firm J.W. Childs Associates said Friday it will acquire privately held CHG Healthcare Services Inc., based in Salt Lake City.  Terms were not disclosed.  The transaction is expected to close in four or five days.  CHG is a health-care staffing firm.
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Centro Properties Group and Watt Commercial Properties joint venture agreed to buy Kramont Realty Trust, an US mall owner with its 12.6 million square feet of space mostly in Pennsylvania, New Jersey, New York and Connecticut.
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Blackstone Group LP, the private equity firm that bought Equity Office Properties Trust in the biggest leveraged buyout ever, has sold 53 buildings in Washington, D.C., Portland, Ore., and Seattle for $7.55 billion, said three people with direct knowledge of the transactions.
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The Boston lighting company that illuminates the ziggurat silhouette of the Hyatt hotel on the banks of the Charles, the antics of Broadway shows, and the wheel in Wheel of Fortune yesterday agreed to be acquired by a European electronics company for $791 million.
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The buyers of the historic Filene's property in downtown Boston are proposing to build a modern 38-story tower over the four-building complex that would include brand-name retailers, luxury condos, a hotel, and office space.