The RMR Group secured a $1 billion refinancing loan for its Fan Pier life sciences and office campus in Newton, Massachusetts, in a joint venture with Diversified Healthcare Trust. The five-year, fixed-rate note was issued by Morgan Stanley, Bank of Montreal, Goldman Sachs, and JPMorgan Chase, primarily to repay a $620 million CMBS loan set to mature the previous year. The property has served as the headquarters for Vertex Pharmaceuticals since 2014, with the company agreeing to occupy the space until 2044. Additionally, Norfolk-based Harbor Group International is under contract to acquire five multifamily properties from Aimco across Massachusetts, New Hampshire, and Rhode Island. Destination XL Group renewed its lease at 555 Turnpike St. in Canton for its national headquarters and distribution hub. Hebrew Seniorlife received state funding from the Healey administration for a 96-unit senior housing project in Stoughton, set to begin in 2026 and complete in 2027. Urban Edge Properties completed a loan swap for its Shoppers World retail center in Framingham, using the proceeds to pay off a $90 million credit line. Bialow Real Estate promoted Brett Groper and Anthony Genovese to senior vice president roles. 2Life Communities named Denise McQuaide as chief of middle-market innovation to expand its senior housing business. Quincy Mutual Fire Insurance Co. filed plans to replace a vacant storefront at 12-18 Chestnut St. in Quincy with 100 housing units. Procopio Cos. topped out a 92-unit multifamily development at 57 Main St. in Marlborough, which includes ground-floor retail and a courtyard.

Destination XL Group announced the resignation of its Chief Marketing Officer, James Reath, effective Thursday. The company's stock has declined over 63% in the past year, with a recent trading price of $1.26. The company reported first-quarter 2025 earnings that missed expectations, with an EPS of -$0.04 and revenue of $105.5 million. DA Davidson analyst Michael Baker maintained a Buy rating but lowered the price target to $2.00, citing ongoing weak performance and challenges in a volatile market.

Destination XL Group, Inc. (DXLG) opened its fifth new store in Boca Raton, Florida, specializing in Big + Tall men's clothing and shoes. The store features FiTMAP® Sizing Technology for accurate size recommendations and offers brands like Polo Ralph Lauren® and Reebok®. CEO Harvey Kanter emphasized the store's mission to provide comfortable, stylish options for Big + Tall men.

The article covers retail news, including Foot Locker's 4.6% Q1 sales decline and its $2.4 billion sale to Dick's Sporting Goods, Adidas' data breach, Hefty's birthday-themed products, GameStop's $500 million Bitcoin investment, and Destination XL's 8.6% sales drop. It also discusses tariffs' impact on retailers and economic uncertainty.

Destination XL Group (DXLG) reported Q1 2025 earnings, missing both earnings per share (EPS) and revenue forecasts. The company posted an EPS of -$0.04 vs. expected $0.055 and revenue of $105.5 million vs. anticipated $116.58 million. Despite the results, its stock price rose 5.05% to $1.24 in pre-market trading, with a market cap of $66.37 million and analyst price targets between $1.75 and $2.50.