news & press


Joshua Tree Closing Could Spur More Innovative Development
Published January 10, 2014 in Press
Joshua Tree bar and restaurant in Allston closes; developer working to complete deal to buy property
Published January 08, 2014 in PressThe Joshua Tree bar and restaurant in Allston has closed permanently and a deal is in the works for a prominent Boston development and real estate firm to buy the property.

Prellwitz Chilinski and Mount Vernon Company Complete The Edge, Newest Addition to Allston Green District
Published January 08, 2014 in Press
Boston's Housing Solution Lies in Allston
Published December 17, 2013 in PressA 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.
Developer Secures $26.9M In Construction Financing For Boston Apartments
Published November 20, 2013 in PressCornerstone 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.

A New Allston Rising
Published September 26, 2013 in PressAllston—the sprawling neighborhood near Fenway, Longwood, and Brookline—was long considered a scruffy student enclave wedged between factories.

Boston Real Estate's Field of Dreams
Published April 09, 2013 in PressHere 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.