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How a New York private equity giant became Boston s biggest commercial landlord — and biotech investor

How a New York private equity giant became Boston’s biggest commercial landlord and biotech investor Jon Chesto © David L. Ryan/Globe Staff Blackstone recently put local executive Nick Galakatos, who runs Blackstone Life Sciences out of Cambridge, on BioMed’s board of directors. The biggest private-equity firm in the world has been pouring money into Boston by the billions, buying up prime real estate and investing in promising biotechs. Blackstone Group said it now owns more than $12 billion worth of real estate in the area, making it the largest commercial landlord in the region by its own estimate. The New York-based firm also has chosen Cambridge as home for its $4.6 billion life sciences investment fund, the biggest of its kind.

Federal Realty Investment Trust Selected as 2021 Green Lease Leader by the Department of Energy s Better Buildings Alliance and the Institute for Market Transformation

Federal Realty Investment Trust Selected as 2021 Green Lease Leader by the Department of Energy s Better Buildings Alliance and the Institute for Market Transformation
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Federal Realty Investment Trust Announces First Quarter 2021 Operating Results

Federal Realty Investment Trust Announces First Quarter 2021 Operating Results News provided by Share this article Share this article NORTH BETHESDA, Md., May 5, 2021 /PRNewswire/  Federal Realty Investment Trust (NYSE:FRT) today reported operating results for its first quarter ended March 31, 2021. For the three months ended March 31, 2021 and 2020, net income available for common shareholders was $0.60 per diluted share and $0.70 per diluted share, respectively. Highlights for the quarter and subsequent events include: Generated funds from operations available to common shareholders (FFO) per diluted share of $1.17 for the quarter compared to $1.50 for the first quarter 2020. Signed leases for 506,307 square feet of comparable space in the first quarter at an average rent of $36.58 psf and achieved cash basis rollover growth of 9%.

Finding other paths to secure a COVID vaccine

Mass. residents find other paths to secure COVID-19 vaccine appointments Kay Lazar © Jessica Rinaldi/Globe Staff Kelly Hogan gave a vaccine to Mary Ogiste London at a clinic provided by Harvard Street Neighborhood Health Center. It doesn’t have to be a dystopian ordeal, grappling with the state’s unwieldy website and trapped for hours in online waiting rooms in search of a life-saving COVID-19 vaccine. There are other paths to a shot. Popular Searches A number of hospital and health care systems, cut off from receiving vaccine doses last month when the Baker administration expressed frustration at their pace of delivering shots, are back with fresh shipments after a public outcry. Hospital leaders say their new vaccination push includes hot lines, phone calls, e-mails, and texts to patients with links to sign up for a shot.

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