 (1).png)
News:
Owners Developers & Managers
Posted: June 18, 2015
Carucci of Gibson Sotheby brokers $5.85m sale of 195-207 Hildreth
Michael Carucci, executive vice president of Gibson Sotheby's International Realty, brokers the sale of 195-207 Hildreth for $5.85 million. 195-207 Hildreth or Parkside Village is a 99-unit affordable housing community. Located in a quiet neighborhood, this eight building complex consists of 1 studio, 13 one-bed, 86 two-bed units, and 96 parking spaces on 2.43 acres. The property is in exceptional condition and is a remarkable investment opportunity. Carucci represented the buyer and the seller in the transaction.
For more than 20 years, Carucci has been one of the most trusted names in the Boston real estate market.
Carucci is consistently ranked in the top one percent in real estate sales volume for the Greater Boston area. He was ranked 8th for Boston sales in 2014, and is currently listed as 5th with nearly $25 million in sales for the first quarter of 2015. Carucci was also ranked in the top 20 among all agents in Massachusetts sales last year with more than $70 million.
Carucci's client list includes the Boston Red Sox, Taurus Investments, Fidelity Investments, Bain & Company, Winn Development, The Mt. Vernon Companies, The Boston Celtics, Massachusetts General Hospital, Centremark Properties, The Boston Bruins, Beth Israel Hospital, and Area9.
MORE FROM Owners Developers & Managers
Atlantic Property Management expands facilities maintenance platform: Assigned two new facility management contracts in RI
Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
 (1).png)
Columns and Thought Leadership
New Quonset pier supports small businesses and economic growth - by Steven J. King
Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson
As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock
A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan
When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any