News: Owners Developers & Managers

Cawley and Conway of United Multi Family represents N-S Realty

United Multi Family brokered the sale of an 18 unit apartment building at 58 Union St. for $1.83 million. Handled by Richard Cawley and James Conway of the New England UMF office, the brick residences were sold by N-S Realty Trust to South Gardens LLC with financing provided by Walpole Savings. The CAP rate at the time of sale was 7.08% with the property having a gross annual income of $187,500.
MORE FROM Owners Developers & Managers

Greystar celebrates opening of two new residence halls at Merrimack College

North Andover, MA Greystar and Merrimack College celebrated the opening of two new residence halls, Shawsheen and Essex. The two-building, modern student housing development is located at the intersection of Rte. 114 and Andover St. Designed
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains