Posts by ericg
Service Properties Trust offloading most of its hotel portfolio to tackle $5.8B in debt
A Newton-based real estate investment trust is on pace to finish selling 113 hotels nationwide by the end of the year to pay off debt and to focus on its retail properties. Read More
Read MoreA ‘stealth stimulus’ could be on the horizon. Here’s how businesses can capitalize.
Financial institutions are advising business owners to treat the surge as a short-term opportunity rather than a permanent shift. Read More
Read MoreAI video startup Goldcast gets acquired by Blackstone portfolio company
The Tysons’ event marketing company reportedly paid just under $300 million in cash for the Boston company. Read More
Read MoreTop MIT lawyer deposed in whistleblower lawsuit over Media Lab agriculture startup
A Massachusetts judge let a former MIT researcher depose the college’s top attorney in his wrongful termination lawsuit over misconduct claims. Read More
Read MoreMass. town puts brakes on flood of clean energy projects
The town has voted to temporarily halt battery energy storage projects while it figures out how to handle a surge of proposals, including one that would place 200 shipping-container-sized battery enclosures near a major power substation. Read More
Read MoreMIT spinoff Poly6 Technologies wins $1.4M tax credit to expand in Ohio
Poly6 Technologies was one of two Northeast Ohio expansion projects announced on the same day, part of a larger slate of 17 projects across Ohio expected to create more than $148 million in new payroll. Read More
Read MoreHow the NIH became the backbone of American medical research, innovation and economic growth
The Trump administration is currently questioning the role of science in maintaining the nation’s health, economy and global posture. A Bentley University professor writes that the NIH stands as a testimony to the vision articulated by its early architects: that science is good for society, that persistent investment in basic research is essential to…
Read MoreiRobot co-founder Colin Angle calls bankruptcy ‘a tragedy’
The co-founder of iRobot, who now leads robotic startup Familiar Machines & Magic, said he would not come back to iRobot now, even if asked. Read More
Read MoreMass. manufacturer to move HQ to Cincinnati
A Massachusetts manufacturing firm will purchase a former General Electric property for a headquarters relocation expected to create hundreds of new jobs. Read More
Read MorePlymouth’s Hanover at the Pinehills sells to Boston investor, rebrands as Berkshire
A Boston investment firm has acquired a newly built apartment complex at one of Plymouth’s most prominent developments, paying nearly half a million dollars per unit in a deal that closed in November. Read More
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