news & press

A PILE of dirt sat at Barry’s Corner in Allston last Friday. It didn’t look like much — it was just dirt, after all — but waves of Boston officials crowded around the heap of frigid earth, and posed over the thing, grinning.

Cornerstone Realty Capital has arranged $26.9 million in financing for developer The Mount Vernon Co. to build 104 rental units in Boston's Allston neighborhood.

Allston—the sprawling neighborhood near Fenway, Longwood, and Brookline—was long considered a scruffy student enclave wedged between factories.

Here is the latest installment of Bates By the Numbers, a weekly feature by broker David Bates that drills down into the Hub's housing market to uncover those trends you would not otherwise see.